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    Question

    Which of the following statements is/are not correct in regards to the service sector in Economic Survey 2022-23?

    1.RBI estimated 6.8% of retail inflation for 2022-23

    2.Fiscal Deficit is expected to reach 6.4% of GDP in FY23

    3.India was the 2nd largest recipient of remittances in the world in 2022

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

    Solution

    RBI estimated 6.8% of retail inflation for 2022-23. Fiscal Deficit is expected to reach 6.4% of GDP in FY23. India was the largest recipient of remittances in the world in 2022.

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