As of June 2026, what was the provisional Union fiscal deficit for FY 2025–26 as a percentage of…
The FY 2025–26 provisional fiscal deficit was ₹15,19,169 crore, the difference between total expenditure of ₹49,05,151 crore and non-borrowing receipts of ₹33,85,982 crore.…
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As of June 2026, what was the provisional Union fiscal deficit for FY 2025–26 as a percentage of nominal GDP, to one decimal place?
Answer and explanation
Correct answer D
The FY 2025–26 provisional fiscal deficit was ₹15,19,169 crore, the difference between total expenditure of ₹49,05,151 crore and non-borrowing receipts of ₹33,85,982 crore. Dividing that deficit by nominal GDP of ₹3,46,35,638 crore gives 4.4% to one decimal place.
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Jammu & Kashmir and Ladakh SET (JKSET/LASET)