Economy

1 question

• 2017 · Question 94 · Fiscal Policy

  Consider the following statements : 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade. Which of the statements given above is/are correct ?

  Choose your answer

  (a)1 only(b)2 only(c)Both 1 and 2(d)Neither 1 nor 2

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)