The Economic Survey is a significant document that provides a comprehensive overview of the country's economic status and performance. It often highlights key achievements and positions India holds on the global stage.
According to the details presented in the Economic Survey 2024-25, India has secured a notable position in international trade. Specifically regarding global services exports, the survey indicates that India holds the seventh largest share.
This ranking reflects India's growing capabilities and competitiveness in the global services sector. Key areas contributing to this include IT services, business process outsourcing, and other knowledge-based services.
This achievement underscores the strength and resilience of India's services sector in the international market.
What is the estimated real GDP growth rate for India in the fiscal year 2025-26, according to the Economic Survey, 2024-25?
Compute the fiscal deficit from the given data:
Total receipts are ₹13,500 crores and total expenditures are ₹15,000 crores. Revenue receipts are ₹3500 crores. Capital receipts in the form of Government's market borrowings and other liabilities are ₹2500 crores. Loan recoveries are ₹7500 crores.
Which of the following are revenue receipts of the Central Government?
(A). GST
(B). Provident Fund
(C). Interest receipts
(D). Recoveries of loans and advances from State Governments
Choose the correct answer from the options given below: