Multiple choice

Directions: Choose the correct option for the given question.

Fiscal deficit as a percentage of GDP was 4·0% in 2004-05 which sliped down in 2008-09 (Budget Estimates) to

  1. 3.2%

  2. 2.8%

  3. 2.5%

  4. 2.1%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The fiscal deficit as a percentage of GDP was 4.0% in 2004-05 and declined to 2.5% in 2008-09 (Budget Estimates). This reflects the fiscal consolidation efforts during that period. Option C is correct. Note: the question has a typo with 'sliped' but the content is clear.

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