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    Question

    According to the Union Budget 2023-24, consider the following statements.

    1. The Revised Estimate of the fiscal deficit is 6.4 percent of GDP, adhering to the Budget Estimate.

    2. The Revised Estimate of the total receipts other than borrowings is 24.3 lakh crore.

    3. The Revised Estimate of the total expenditure is 30.9 lakh crore.

    Which of the above statements is/are correct?

    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 2 only Correct Answer Incorrect Answer
    E 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    The Revised Estimate of the total receipts other than borrowings is 24.3 lakh crore, of which the net tax receipts  are 20.9 lakh crore. The Revised Estimate of the total expenditure is 41.9 lakh crore, of which the capital expenditure is about 7.3 lakh crore.

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