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SSC CGL 2022 PYQ — Question 27

SSC CGL - 13 April 2022 - Shift 1 • General Awareness • Q27

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As per Union Budget 2021-22, Fiscal deficit is estimated at ______ per cent of GDP in 2021-22.

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Correct answer: B

Explanation

The correct answer is option 2 i.e. 6.8

Other Information-

  • According to the Union Budget 2021-22, the fiscal deficit is estimated to be 6.8% of GDP in 2021-22.
  • The fiscal deficit stood at 6.71 per cent of gross domestic product (GDP) in the fiscal year 2021-22, lower than the revised budget estimate of 6.9 per cent.
  • According to official figures released on Tuesday, the government had earlier forecast it to be 6.8 per cent, but later it was increased to 6.9 per cent.
  • Finance Minister Nirmala Sitharaman, while presenting the budget for the year 2022-23 on February 1, had estimated that the fiscal deficit in the year 2021-22 would be Rs 15,91,089 crore, or 6.9 per cent of GDP.