India's Fiscal Deficit in 2022-23
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Questions and Answers

Which of the following statements is true about the Union Government's fiscal deficit in 2022-23?

  • The fiscal deficit increased to 7% of GDP.
  • The fiscal deficit decreased to 5.9% of GDP.
  • The fiscal deficit remained the same at 6.4% of GDP. (correct)
  • The fiscal deficit increased to 6.71% of GDP.

    • What is the government's target for the fiscal deficit in the current fiscal year 2023-24?

  • 6.71% of GDP
  • 5.9% of GDP (correct)
  • 7% of GDP
  • 6.4% of GDP

    • What was the absolute amount of the fiscal deficit in 2022-23?

  • ₹17,33,131 crore (correct)
  • ₹24.56 lakh crore
  • ₹20.97 lakh crore
  • ₹2.86 lakh crore

    • How much tax revenue did the government receive in 2022-23?

    <p>₹20.97 lakh crore</p> Signup and view all the answers

    What percentage of total receipts did the government receive in 2022-23?

    <p>101%</p> Signup and view all the answers

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