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Question

What is the figure indicating India's widened fiscal deficit for April-November of FY23, compared to the same period of the previous year?
  • 52.9%
  • 549%
  • 58.9%
  • 59.9%
Answer- C
According to the data released today by the Controller General of Accounts (CGA), the central government's fiscal deficit for the April-November period stood at ₹9.78 lakh crore, which is around 58.9% of the Budget Estimates for 2022-2023. The Centre's full-year target for fiscal deficit is ₹16,61,196 crore.