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      Question

      The change in India’s net tax revenue during Apr–Jul

      2025 was:
      A +1.0% Correct Answer Incorrect Answer
      B +7.5% Correct Answer Incorrect Answer
      C –7.5% Correct Answer Incorrect Answer
      D –1.0% Correct Answer Incorrect Answer
      E 0.0% Correct Answer Incorrect Answer

      Solution

      The figures given highlight fiscal strain amid weak nominal growth. Between April and July 2025, gross tax revenue rose 1%, but net tax revenue declined by 7.5%. This decline is noted alongside nominal GDP growth of 8.8% in Apr–Jun 2025, below the 10.1% Budget target.

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