What is the fiscal deficit target for FY24?
Answer
Correct Answer : d ) 5.9%
Explanation :Finance Minister Nirmala Sitharaman has presented Union Budget 2023-24 in Parliament. She said the government will stick to its fiscal deficit target of 6.4%. The fiscal deficit would be brought down to below 4.5% by 2025-26. For the financial year 2023-24, the government aims to reduce fiscal deficit to 5.9%.
States would be allowed 3.5 percent of GSDP as fiscal deficit. Fiscal deficit is the difference between total revenue and total expenditure of the government.
Hence, option (d) is correct.
Share QOTD
Popular Blog
Highlights of Interim Budget 2024
Read More
150+ Paryayvachi Shabd in Hindi - पर्यायवाची शब्द
Read More
Highlights of G20 Summit 2023
Read More
SSC CHSL Tier 1 Exam Analysis 2023 - Questions Asked from 2 to 22 August 2023
Read MoreLatest Current Affairs
Daily Current Affairs and GK | 26 and 27 April 2024
Read More
Daily Current Affairs and GK | 25 April 2024
Read More
Daily Current Affairs and GK | 24 April 2024
Read More
Daily Current Affairs and GK | 23 April 2024
Read More
Daily Current Affairs and GK | 21 and 22 April 2024
Read More
Comments