BPSC – Combined Competitive Examination · Question 125

Consider the following statements about recent Union Government finances: 1. The fiscal deficit reached 9.2% of GDP during the pandemic year FY21. 2. The fiscal deficit moderated to 7.7% of GDP in FY22. 3. Revenue collection over the last two years has gone down. Which of the above statements is/are correct?

1. AOnly 1
2. B1 and 2
3. C2 and 3
4. DNone of the above