CUET Exam  >  CUET Questions  >  What is the revised estimate of the fiscal de... Start Learning for Free
What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?
  • a)
    4.2%
  • b)
    5.8%
  • c)
    6.5%
  • d)
    7.1%
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the revised estimate of the fiscal deficit as a percentage of ...
Revised Estimate of Fiscal Deficit in Budget 2024


  • Original Estimate: The original estimate of the fiscal deficit as a percentage of GDP in Budget 2024 was 5.8%.

  • Revised Estimate: The revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024 is 6.5%.

  • Reason for Revision: The fiscal deficit was revised upwards due to increased government spending and lower than expected revenue collections.

  • Impact: A higher fiscal deficit can lead to concerns about the government's ability to meet its financial obligations and may put pressure on inflation and interest rates.

  • Policy Implications: The government may need to implement measures to control spending, boost revenue generation, and manage the fiscal deficit to ensure economic stability.

Explore Courses for CUET exam
What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer?
Question Description
What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer?.
Solutions for What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CUET. Download more important topics, notes, lectures and mock test series for CUET Exam by signing up for free.
Here you can find the meaning of What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the revised estimate of the fiscal deficit as a percentage of GDP in Budget 2024?a)4.2%b)5.8%c)6.5%d)7.1%Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CUET tests.
Explore Courses for CUET exam

Top Courses for CUET

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev