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CGPSC 2024 · Question 43 of 100

As per Union Budget 2024-25 of India, estimated Fiscal Deficit for the Financial year 2024-25 as percentage of Gross Domestic Product is

Economy

  1. A4.9 percentCorrect
  2. B3.9 percent
  3. C2.9 percent
  4. D3.5 percent

Answer: A. 4.9 percent

Explanation

Understanding Fiscal Deficit Fiscal Deficit is a crucial economic indicator that represents the difference between the government's total expenditure and its total revenue (excluding borrowings) in a specific financial year. It is often expressed as a percentage of the Gross Domestic Product (GDP).

Source: CGPSC 2024 official paper

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