Multiple choice

As per the Budget Estimates 2010-11, fiscal deficit as a percentage of GDP was

  1. 4.5%

  2. 5·5%

  3. 6%

  4. 5%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

As per the Budget Estimates 2010-11, fiscal deficit as a percentage of GDP was 5.5%. The fiscal deficit was estimated at Rs. 3.81 Lakh Crores which is 5.5% of GDP of Rs. 69.35 Lakhs Crores estimated by CSP at 2010-11 prices at that time according to the budget estimates.