Question : What is the safe limit of fiscal deficit?
Option 1: 4% of GDP
Option 2: 6% of GDP
Option 3: 3% of GDP
Option 4: 2% of GDP.
Correct Answer: 3% of GDP
Solution : The safe limit of fiscal deficit is considered 3% of GDP. A high fiscal deficit is bad for the economy. Hence, Option C is correct.
Question : Which of the following is correct.
Question : Which of the following is a part of budgetary deficit.
Question : It refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
Question : Fill in the blanks- ____________________= Primary deficit + Interest payments .
Question : Fill in the blanks- The total borrowing requirement of the government is measured through _____________.
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