Question:
Consider the following statements about fiscal deficit that have recently been in news:
1. Lower non-tax revenue will result in the government likely missing its fiscal deficit target for the year.
2. Fiscal deficit in FY19 is estimated to be ₹6.24 lakh crore.
3. Fiscal deficit as a percentage of GDP has been more than 3 % for three consecutive years ( 2017-19)
Choose the correct statement/s from the codes given below:
A) 1 only
B) 1 and 3 only
C) 2 and 3 only
D) 1, 2 and 3
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