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)
4.5%
5.0%
5.5%
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.
