Question

    As per the Economic Survey 2023-24, what was the fiscal deficit of the Union Government in FY24 according to provisional actuals (PA) data?

    A 6.4% of GDP Correct Answer Incorrect Answer
    B 7.5% of GDP Correct Answer Incorrect Answer
    C 5.6% of GDP Correct Answer Incorrect Answer
    D 8.0% of GDP Correct Answer Incorrect Answer
    E 4.5% of GDP Correct Answer Incorrect Answer

    Solution

    The Economic Survey 2023-24 states that the fiscal deficit of the Union Government has been brought down from 6.4% of GDP in FY23 to 5.6% of GDP in FY24 according to provisional actuals (PA) data released by the Office of Controller General of Accounts (CGA).

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