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M: +2.00/-0.50

Which one of the following statements is/are correct with reference to India?

1. The fiscal deficit target for the year 2017-18 was raised to 3.5 percent of GDP.

2. The fiscal deficit target for the year 2018-19 has been placed at 3.3 percent of GDP.

3. The fiscal deficit target for the year 2020-21 is projected at 3.1 percent of the GDP.

Select the correct answer from the codes given below :

Codes :

U.P. R.O./A.R.O. (Pre) 2017

[Fiscal Policy, Inflation Planning and Banking]
A
B
C
D

EXPLANATION

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