SSC CHSL 11 Aug 2021 Shift 2 Paper

Section: General Awareness

Question : 100 of 100

Marks: +1, -0

In the Union Budget 2020-21, the government of India proposed to spend ₹ 3042230 crore in 2020-21, which is ....... higher than the revised estimate of 2019-20.

$12.7 \%$
$18.9 \%$
$18.7 \%$
$17.6 \%$

Validate

Solution:

In the Union Budget 2020-21, the government of India proposed to spend ₹ 3042230 crore in 2020-21, which was

12.7 \%

higher than the revised estimate of 2019-20. In the budget 2020-21, the government had assumed a nominal GDP growth rate of

10 \%

and revenue deficit was targeted at

2.7 \%

of GDP which was higher than the revised estimate of

2.4 \%

in 2019-20.
In 2021-22 budget, total expenditure was expected to be ₹ 3483236 crore, which was

1 \%

higher than the revised estimate of 2020-21.

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