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If the fiscal deficit of India is ₹15 lakh crore and the total expenditure is ₹3

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Question: If the fiscal deficit of India is ₹15 lakh crore and the total expenditure is ₹30 lakh crore, what is the percentage of fiscal deficit to total expenditure?

Options:

  1. 25%
  2. 30%
  3. 50%
  4. 40%

Correct Answer: 50%

Solution: 

Fiscal deficit percentage = (15/30) * 100 = 50%.

If the fiscal deficit of India is ₹15 lakh crore and the total expenditure is ₹3

Practice Questions

Q1
If the fiscal deficit of India is ₹15 lakh crore and the total expenditure is ₹30 lakh crore, what is the percentage of fiscal deficit to total expenditure?
  1. 25%
  2. 30%
  3. 50%
  4. 40%

Questions & Step-by-Step Solutions

If the fiscal deficit of India is ₹15 lakh crore and the total expenditure is ₹30 lakh crore, what is the percentage of fiscal deficit to total expenditure?
  • Step 1: Identify the fiscal deficit amount, which is ₹15 lakh crore.
  • Step 2: Identify the total expenditure amount, which is ₹30 lakh crore.
  • Step 3: Divide the fiscal deficit by the total expenditure: 15 lakh crore / 30 lakh crore.
  • Step 4: Calculate the result of the division: 15 / 30 = 0.5.
  • Step 5: Convert the result into a percentage by multiplying by 100: 0.5 * 100 = 50%.
  • Step 6: The percentage of fiscal deficit to total expenditure is 50%.
  • Fiscal Deficit Calculation – Understanding how to calculate the fiscal deficit as a percentage of total expenditure.
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