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What is the projected fiscal deficit of India for the year 2023? (2023)

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Question: What is the projected fiscal deficit of India for the year 2023? (2023)

Options:

  1. 4.5%
  2. 5.0%
  3. 5.5%
  4. 6.0%

Correct Answer: 5.5%

Exam Year: 2023

Solution:

The projected fiscal deficit of India for the year 2023 is around 5.5%.

What is the projected fiscal deficit of India for the year 2023? (2023)

Practice Questions

Q1
What is the projected fiscal deficit of India for the year 2023? (2023)
  1. 4.5%
  2. 5.0%
  3. 5.5%
  4. 6.0%

Questions & Step-by-Step Solutions

What is the projected fiscal deficit of India for the year 2023? (2023)
  • Step 1: Understand what a fiscal deficit is. It is the difference between the government's total expenditure and its total revenue.
  • Step 2: Look for the projected fiscal deficit percentage for India for the year 2023. This information is usually provided by the government or financial institutions.
  • Step 3: Find the specific figure for the fiscal deficit for 2023. In this case, it is around 5.5%.
  • Step 4: Confirm that this percentage represents the expected fiscal deficit for the year 2023.
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