Consider the following statements: 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP

Question

Consider the following statements:
1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.
Which of the statements given above is/are corrects

Accepted Answer

(D) Neither 1 nor 2

Answer

(A) 1 only

Answer

(B) 2 only

Answer

(C) Both 1 and 2