Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.156)

156. 

As per the research report of India Ratings and Research (Ind-Ra), Centre's fiscal deficit is estimated to increase to how much in FY21?

[A]. 4.6%
[B]. 2.6%
[C]. 5.6%
[D]. 7.6%

Answer: Option D

Explanation:

As per the research report of India Ratings and Research (Ind-Ra), Centre's fiscal deficit is estimated to increase to 7.6% in FY21, which is twice the budget estimate as the country spends more to mitigate the impact of COVID-19 pandemic, facing a shortfall in revenues.

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