Question

    What percentage of India's GDP did the fiscal deficit reach in the fiscal year 2023-24?

    A 4.90% Correct Answer Incorrect Answer
    B 7.11% Correct Answer Incorrect Answer
    C 5.63% Correct Answer Incorrect Answer
    D 8.90% Correct Answer Incorrect Answer

    Solution

    In the fiscal year 2023-24, India's fiscal deficit was recorded at 5.63% of the Gross Domestic Product (GDP). This figure represents a significant aspect of the country's financial health, indicating the gap between government expenditure and revenue.

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