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What does the recent report by the Reserve Bank of India indicate about the fiscal deficit of states in India for FY2024?
  • a)
    It is expected to remain unchanged from the previous year.
  • b)
    It is projected to decrease significantly.
  • c)
    It is projected to increase to 2.9% of GDP.
  • d)
    It is expected to be below 2% of GDP.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What does the recent report by the Reserve Bank of India indicate abou...
The report indicates that the Gross Fiscal Deficit (GFD) for states is expected to rise from 2.7% of GDP in FY2022-23 to 2.9% in FY2023-24. This suggests that many states are increasing their expenditures relative to their revenues, which is a concern for fiscal health. Understanding this trend is crucial for evaluating the financial stability of state governments in India.
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What does the recent report by the Reserve Bank of India indicate about the fiscal deficit of states in India for FY2024?a) It is expected to remain unchanged from the previous year.b) It is projected to decrease significantly.c) It is projected to increase to 2.9% of GDP.d) It is expected to be below 2% of GDP.Correct answer is option 'C'. Can you explain this answer?
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What does the recent report by the Reserve Bank of India indicate about the fiscal deficit of states in India for FY2024?a) It is expected to remain unchanged from the previous year.b) It is projected to decrease significantly.c) It is projected to increase to 2.9% of GDP.d) It is expected to be below 2% of GDP.Correct answer is option 'C'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about What does the recent report by the Reserve Bank of India indicate about the fiscal deficit of states in India for FY2024?a) It is expected to remain unchanged from the previous year.b) It is projected to decrease significantly.c) It is projected to increase to 2.9% of GDP.d) It is expected to be below 2% of GDP.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the recent report by the Reserve Bank of India indicate about the fiscal deficit of states in India for FY2024?a) It is expected to remain unchanged from the previous year.b) It is projected to decrease significantly.c) It is projected to increase to 2.9% of GDP.d) It is expected to be below 2% of GDP.Correct answer is option 'C'. Can you explain this answer?.
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