The government expects the fiscal deficit to be at what percentage of GDP in 2026-27? MCQ with Answer and Explanation

The government expects the fiscal deficit to be at what percentage of GDP in 2026-27?
A. 4.3%
B. 4.0%
C. 3.8%
D. 4.6%
Answer: Option A
Solution (By JKSSB Mock Tests)
The government expects the fiscal deficit to be at 4.3 per cent of the GDP in 2026-27.[reference:39]

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Practice More Current Affairs 2026 Section 1 Questions

Question #1
According to Prime Minister Modi, the India-UK Comprehensive Economic and Trade Agreement will contribute meaningfully to the realisation of which national goal?
A. Digital India
B. Atmanirbhar Bharat
C. Viksit Bharat 2047
D. Make in India

Correct Answer: Option C


Explanation:
PM Modi stated that the agreement will contribute meaningfully to the realisation of Viksit Bharat 2047.

Question #2
Priti Saran has been appointed to the UN Committee on Economic, Social and Cultural Rights (CESCR). CESCR is a treaty body established under which international covenant?
A. Convention on the Rights of the Child (CRC)
B. Universal Declaration of Human Rights (UDHR)
C. International Covenant on Civil and Political Rights (ICCPR)
D. International Covenant on Economic, Social and Cultural Rights (ICESCR)

Correct Answer: Option D


Explanation:
CESCR is a treaty body established under the International Covenant on Economic, Social and Cultural Rights (ICESCR).

Question #3
Which of the following is the correct full form of GRAP?
A. Green Rating and Assessment Protocol
B. Global Resources Allocation Programme
C. Graded Response Action Plan
D. Government Regulation and Policy

Correct Answer: Option C


Explanation:
GRAP stands for Graded Response Action Plan, an emergency action plan to combat air pollution in Delhi-NCR.