Attempt this previous-year question. The correct option stays hidden until you choose.
Consider the following statements :
1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.
Which of the statements given above is/are correct?
Pick an option to check yourself.
• Correct Answer: D
• Tax revenue as a percentage of GDP has fluctuated significantly (e.g., 10.8% in 2015 to 6.73% in 2022), not steadily increased.
• Fiscal deficit has been on a consolidation path (targeted at 4.3% for 2026-27), not steadily increasing.
• Both statements are factually incorrect.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
GyanGram