[amp_mcq option1=”1% of GSDP” option2=”3% of GSDP” option3=”5% of GSDP” option4=”7% of GSDP” correct=”option3″]<\/p>\n
The correct answer is: 3% of GSDP.<\/p>\n
Fiscal deficit is the difference between a government’s total revenue and total expenditure. It is usually expressed as a percentage of the country’s gross domestic product (GDP).<\/p>\n
The fiscal deficit target is the amount of fiscal deficit that a government aims to achieve in a given year. The target is usually set by the government’s finance ministry.<\/p>\n
The fiscal deficit target is important because it helps to control the government’s borrowing and spending. A high fiscal deficit can lead to inflation and debt problems.<\/p>\n
Andhra Pradesh’s fiscal deficit target is usually around 3% of GSDP. This means that the government aims to spend 3% more than it earns in revenue in a given year.<\/p>\n
The government of Andhra Pradesh has been able to keep its fiscal deficit under control in recent years. In 2019-20, the fiscal deficit was 2.9% of GSDP. This is lower than the target of 3%.<\/p>\n
The government of Andhra Pradesh has taken several measures to control its fiscal deficit. These measures include:<\/p>\n
The government of Andhra Pradesh is committed to keeping its fiscal deficit under control. This will help to ensure the state’s economic stability and growth.<\/p>\n
The other options are incorrect because they are not the fiscal deficit target of Andhra Pradesh.<\/p>\n","protected":false},"excerpt":{"rendered":"
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