Q142
Indian EconomyPublic Finance, Budget & Taxation
The gross fiscal deficit in 2014–15 as per cent to G.D.P. of India is
- a.6.9%
- b.5%
- c.3%
- d.None of the above
Answer: (D) None of the above
The gross fiscal deficit of India in 2014–15 was approximately 4.0% of GDP (actual: 3.97%), which does not match any of options A, B, or C. Hence the answer is (D) None of the above. The target was 4.1% but the actuals came in at around 4%.