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Question : What is the safe limit of fiscal deficit?
 

Option 1: 4% of GDP
 

Option 2: 6% of GDP
 

Option 3: 3% of GDP 
 

Option 4: 2% of GDP.
 


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: 3% of GDP 
 


Solution : The safe limit of fiscal deficit is considered 3% of GDP. A high fiscal deficit is bad for the economy.
Hence, Option C is correct.

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