1.

What was the targeted fiscal deficit for the states according to the 13th Finance Commission for the year 2012 - 13 and what was the fiscal deficit of the Government of Maharashtra for the year 2012 - 13 ?

A. Targeted Fiscal Deficit was 2.5% of GSDP and Fiscal Deficit of Maharashtra was1.7% of GSDP.
B. TFD 2.5% of GSDP and FD of Maharashtra was 2.6% of GSDP.
C. TFD 2.5% of GSDP and FD of Maharashtra was 3% of GSDP.
D. TFD 2.5% of GSDP and FD of Maharashtra was 2.5% of GSDP.
Answer» B. TFD 2.5% of GSDP and FD of Maharashtra was 2.6% of GSDP.


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