New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the target Fiscal Deficit as a % of GDP for

    FY23 in the Union Budget 2022-23?
    A 6.1% Correct Answer Incorrect Answer
    B 6.2% Correct Answer Incorrect Answer
    C 6.4% Correct Answer Incorrect Answer
    D 6.9% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The deficit is expected to fall to 6.4 percent in FY23. It is expected to improve to 4.5% by 2025-26. The fiscal deficit for the year 2021-22 is expected to be 6.9 percent of the GDP, close to the budgeted estimate of 6.8 percent announced last year.

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