Arrange in ascending order the debt-GDP ratio of the union government in the following years: a)…
The ascending order is the medium-term target for 2030-31, the estimate for 2026-27 and the revised estimate for 2025-26. The corresponding debt-to-GDP ratios are 50±1%,…
Choose your answer
Arrange in ascending order the debt-GDP ratio of the union government in the following years:
a) 2026-27 (estimated)
b) 2025-26 (Revised estimate)
c) The medium-term aim to reach a debt to GDP ratio by FY 2030-31
Answer and explanation
Correct answer A
The ascending order is the medium-term target for 2030-31, the estimate for 2026-27 and the revised estimate for 2025-26. The corresponding debt-to-GDP ratios are 50±1%, 55.6% and 56.1%, so even the upper end of the target range is below both annual estimates.
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Telangana SET (TG SET)