Challenger App

No.1 PSC Learning App

1M+ Downloads
Kerala's fiscal deficit target for 2025-26 is around:

ABelow 1% of GSDP

B1-2% of GSDP

C3.4% of GSDP

D4.1% of GSDP

Answer:

C. 3.4% of GSDP

Read Explanation:

  • The fiscal deficit target for Kerala for 2025-26 is around 3.2% of GSDP, based on the state budget estimates.


Related Questions:

An excise tax is a tax on:
The primary purpose of fines and penalties as a source of non-tax revenue is:
Which of the following is an example of an administrative revenue?

Consider the following statements regarding the ‘Progressive taxation’:

I.Progressive taxation method has increasing rates of tax for increasing value or volume on which the tax is being imposed.

II.Progressive taxation method has increasing rates of tax for decreasing value or volume on which the tax is being imposed.

III. The idea of Progressive taxation is less tax on the people who earn less and higher tax on the people who earn more.

Which of the following statement(s) is/are correct?

Corporation tax is _____________