MCQ
Fiscal deficit and GDP growth MCQ - Practice Questions with Answers
Solve 1 Fiscal deficit and GDP growth questions for RAS/RPSC preparation.
Practice questions
Q1With reference to fiscal and growth indicators cited in the PIB release on JCR’s upgrade of India (2 September 2026), consider the following statements: 1. India’s fiscal deficit rose from 4.4% in FY 2025 to 4.7% in FY 2026. 2. Real GDP growth was 7.8% in FY 2026, and GDP growth was also 7.8% in the first quarter of FY 2027. Which of the statements given above is/are correct?
Explanation
Statement 1 is incorrect: the fiscal deficit fell from 4.7% in FY 2025 to 4.4% in FY 2026. Statement 2 is correct: real GDP growth was 7.8% in FY 2026 and also 7.8% in Q1 of FY 2027.
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