Consider the following statements regarding the Union Budget Estimates for 202526: 1. The fiscal deficit is estimated to be $4.9\%$ of the GDP. 2. The total expenditure is estimated at $50.65$ lakh c…

Question

Consider the following statements regarding the Union Budget Estimates for 202526: 1. The fiscal deficit is estimated to be $4.9\%$ of the GDP. 2. The total expenditure is estimated at $50.65$ lakh crore. 3. An allocation of about $₹ 2$ lakh crore has been made for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). Which of the statements given above are correct?

PYQPulse · Accepted Answer

2 and 3 only

PYQPulse · Answer

Explanation: Statements 2 and 3 are correct: 2025-26 expenditure is estimated at ₹50.65 lakh crore with about ₹2 lakh crore for PMGKAY; the fiscal deficit target is 4.4% (not 4.9%) of GDP.

Answer: C. 2 and 3 only

Explanation

Answer: C. 2 and 3 only

Explanation