Question
EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBMMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Fact recall
- Tags:
- Fiscal Deficits, Public Debt and FRBM · Public Finance, Budget and Taxation
- Related topics:
- GDP, GVA and National Income Accounting
Classification and difficulty are editorial labels. Explanations are awaiting review.
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Consider the following statements: 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade. Which of the statements given above is/are correct?
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Question 94 · Fiscal Deficits, Public Debt and FRBM · Economy · UPSC Prelims 2017 (GS)