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What is India's fiscal deficit target, as a percentage of GDP, for the financial year 2018-19?

What is India's fiscal deficit target, as a percentage of GDP, for the financial year 2018-19? Correct Answer 3.3 per cent

  • 3.39 per cent is India's fiscal deficit target, as a percentage of GDP, for the financial year 2018-19.
  • The data was released by the Controller General of Accounts (CGA).
  • The fiscal deficit stood at Rs 6.45 lakh crore at the end of March 31, 2019, as against Rs 6.34 lakh crore in the revised estimates.

Related Questions

In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: The latter is the total debt accumulated over years of deficit spending. B: A fiscal deficit is a shortfall in a government's income compared with its spending.  C: A fiscal deficit is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income.  D: A fiscal deficit is different from fiscal debt.
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