2 marksIndian EconomyIndian public finance and the Union BudgetDeficit concepts in the Union BudgetModerateabout 1 min

UGC-NET 2024 Question 96: Indian public finance and the Union Budget

Comprehension (Budget passage): Total receipts Rs.400 crore (revenue receipts Rs.250 crore, capital receipts Rs.150 crore); tax revenue Rs.220 crore, non-tax revenue Rs.30 crore; within capital receipts, borrowings and other liabilities Rs.100 crore. Total revenue expenditure Rs.300 crore (interest payments Rs.90 crore, grants for creation of capital assets Rs.20 crore). Total capital expenditure Rs.100 crore. GDP at current prices Rs.2000 crore; current account deficit Rs.50 crore.

Question: What was the fiscal deficit as a percentage of GDP?

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Indian public finance and the Union Budget has come up 80 times in 6 exams since 2011.

What this question tests

This question is on Deficit concepts in the Union Budget, part of Indian public finance and the Union Budget in Indian Economy.

The different measures of the Government of India's deficit and how to compute them.

TestStop has 21 past-paper questions on this subtopic; the nearest in year are below.

IIT JAM 2022 · Q2Which of the following deficits indicates the true current fiscal position of the Indian Economy?

Take this paper as a timed mock More on Deficit concepts in the Union Budget

UGC-NET 2024 Question 96: Indian public finance and the Union Budget

Question: What was the fiscal deficit as a percentage of GDP?

Tap an option to check your answer.

Answer and worked solution

Checking your account…

Indian public finance and the Union Budget has come up 80 times in 6 exams since 2011.

What this question tests

This question is on Deficit concepts in the Union Budget, part of Indian public finance and the Union Budget in Indian Economy.

The different measures of the Government of India's deficit and how to compute them.

TestStop has 21 past-paper questions on this subtopic; the nearest in year are below.

IIT JAM 2022 · Q2Which of the following deficits indicates the true current fiscal position of the Indian Economy?

Take this paper as a timed mock More on Deficit concepts in the Union Budget

UGC-NET 2024 Question 96: Indian public finance and the Union Budget

Answer and worked solution

What this question tests

Similar questions from other papers

UGC-NET 2024 Question 96: Indian public finance and the Union Budget

Answer and worked solution

What this question tests

Similar questions from other papers