Ratio of fiscal deficit to gross state domestic product of Rajasthan in the year 2011-12 was -
According to the Rajasthan Economic Review, the ratio of fiscal deficit to Gross State Domestic Product (GSDP) of Rajasthan in the financial year 2011-12 was 0.9%, remaining…
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Ratio of fiscal deficit to gross state domestic product of Rajasthan in the year 2011-12 was -
Answer and explanation
Correct answer D
According to the Rajasthan Economic Review, the ratio of fiscal deficit to Gross State Domestic Product (GSDP) of Rajasthan in the financial year 2011-12 was 0.9%, remaining well below the 3% ceiling prescribed under the Fiscal Responsibility and Budget Management (FRBM) framework.
Practice for these exams
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RPSC Rajasthan State and Subordinate Services (RAS/RTS)
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Bihar Judicial Services
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Uttarakhand Judicial Services
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