alleryStart learning →In 1990-91 the fiscal deficit reached what share of GDP?
A1.4 per cent
B6.6 per cent
C3.3 per cent
D10.5 per cent
Answer & Solution
Correct answer: B. 6.6 per cent
1. Internal debt was about 50 per cent of GDP.
2. The fiscal deficit was 6.6 per cent.
3. Interest ate 39 per cent of revenue.
_Source: syllabus Business Studies, Chapter 3, Business Environment._
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