The gross fiscal deficit in as per cent to G.D.P. of India?
- A
- B
- C
- DNone of the above
Solution & Step-by-step Explanation
According to official Union Budget data and provisional actual figures released by the Ministry of Finance, the central government's gross fiscal deficit for the fiscal year stood at (or in Revised Estimates) of India's Gross Domestic Product (GDP). Since none of the given percentages (, , or ) match this figure, option D is correct.