Question
By how many percentage points did nominal GDP growth in
Apr–Jun 2025 fall short of the Union Budget target of 10.1%?Solution
Nominal GDP growth in Apr–Jun 2025 was 8.8%, versus the Budget target of 10.1%. The shortfall equals 10.1 – 8.8 = 1.3 percentage points. This weaker nominal growth is linked with lower tax collections in the period: gross tax revenue up 1% while net tax revenue fell 7.5% (Apr–Jul 2025), putting pressure on fiscal targets.
Which of the following union ministry has initiated the Project Mausam?
Which of the following is not a debt security?
Which of the following Acts helps a bank in its day to day activities?
Current Repo rate is ________.
Which international organisation signed five MoUs with the Ministry of Rural Development (India) under DAY-NRLM for technical assistance?Â
MUDRA Bank, is a subsidiary of which of the following bank?Â
Which is not correct about (National Automated Clearing House (NACH)?Â
The banking facility that helps us to make payments out of our bank account without actually carrying money with us.
What is a stale cheque?
The meaning of Gilt – edged securities is