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SSC MTS 2024 PYQ — Question 50

SSC MTS - 30/09/2024 - (12:30 PM - 2:30 PM) • General Awareness • Q50

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Calculate the revenue receipts from the following information.
Revenue deficit= 2.80% of GDP Revenue expenditure= 10.80% of GDP

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Correct answer: C

Explanation

The correct answer is  option 3  I.e.  8.00.

  • Revenue deficit = 2.80% of GDP

  • Revenue expenditure = 10.80% of GDP

Revenue Deficit = Revenue Expenditure - Revenue Receipts

Rearranged to find Revenue Receipts:
Revenue Receipts = Revenue Expenditure - Revenue Deficit

Substitute values:
Revenue Receipts = 10.80% of GDP - 2.80% of GDP
Revenue Receipts = 8.00% of GDP
The revenue receipts are 8.00% of GDP.