Statement I : The overall fiscal deficit of the State

General Awareness

M: +1.00/-0.33

Directions : The following four (4) items consist of two statements, Statement I and Statement II. Examine these two statements carefully and select the correct answer using the code given below.

Statement I :
The overall fiscal deficit of the States in India during 2017-2018 stayed above the FRBM threshold level of 3 percent for the third successive year.
Statement II :
Special Category States had run up a higher level of fiscal deficit in 2017-2018 compared to 2016-2017.

[CDS-II 2018 General Awareness(PYSP)]

A Both the statements are individually true and Statement II is the correct explanation of Statement I

B Both the statements are individually true but Statement II is not the correct explanation of Statement I

C Statement I is true but Statement II is false

D Statement I is false but Statement II is true