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      Question

      In its latest Fiscal Monitor report, the IMF showed that

      India’s combined debt-to-GDP ratio (Centre plus states) will rise to _____ in FY27.
      A 81.4 percent Correct Answer Incorrect Answer
      B 83.8 percent Correct Answer Incorrect Answer
      C 85.2 percent Correct Answer Incorrect Answer
      D 86.1 percent Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      In its latest Fiscal Monitor report, the IMF showed that India’s combined debt-to-GDP ratio (Centre plus states) will rise to 83.2 per cent in FY24 and will hit a high of 83.8 per cent in FY27 before it starts to moderate. The IMF projected that India’s combined fiscal deficit (Centre + states), which hit a high of 12.9 per cent in FY21 will continue to moderate to touch 7.6 per cent in FY29.

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