Question

The Union Budget 2026-27 was presented on February 1, 2026 from Kartavya Bhawan and is inspired by three kartavyas. Evaluate the following statements:
I. The fiscal deficit for BE 2026-27 is estimated at 4.3% of GDP, and the debt-to-GDP ratio is projected at 55.6% for the same year.
II. Biopharma SHAKTI, announced in Budget 2026-27 with an outlay of Rs. 10,000 crore over five years, aims to make India a global biopharma manufacturing hub, supported by 3 new NIPERs and over 1,000 accredited clinical trial sites.
III. The public capital expenditure for 2026-27 is increased to Rs. 15 lakh crore, along with the announcement of an Infrastructure Risk Guarantee Fund.
IV. The STT on Futures is raised from 0.02% to 0.05%, and on options premium from 0.1% to 0.15%, as per Budget 2026-27. Which of the above statements are correct?

A I and II only
B I, II and IV only
C II and III only
D I and IV only
E I, II, III and IV
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