Question

In the Union Budget 2000-2001 the fiscal deficit has been pegged at:

  1. 4.1 per cent
  2. 4.5 per cent
  3. 5.1 percent
  4. 5.9 per cent

Answer:

Option C: 5.1 percent

Detailed Solution:

The correct answer is “5.1 percent”.

The Union Budget 2000-2001 aimed to reduce the fiscal deficit from 5.5 percent in 1999-2000 to 5.1 percent of GDP.