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SSC GD 2021 PYQ — Question 49

SSC GD Constable (English) - 10th December 2021 Shift 1 • General Awareness • Q49

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What was the percentage of India's GDP recorded as budget deficit for the fiscal year 2019-2020?

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Correct answer: D

Explanation

The correct answer is option 4 i.e. 4.59%.

  • In fiscal year 2021, the ratio of revenue deficit to GDP in India was provisionally reported to be about 7.3 percent, up from around 3.3 percent in fiscal year 2020.
  • This strong increase can be explained with the governments efforts to fight the economic impacts of the coronavirus (COVID-19) pandemic.
  • The ratio was estimated to be 4.59 percent in 2022.