Axis Bank's Bhattacharya Says India Might Follow Budget Deficit Roadmap

The video discusses the budget deficit as a percentage of GDP, focusing on whether the government will adhere to the target of 3.2%. It highlights concerns about fiscal deficit targets, market reactions, and the potential impact of government spending. The discussion also covers future borrowing plans and their implications for fiscal policy.

What is the government's target for the fiscal deficit as a percentage of GDP?

• 2.5%

• 3.2%

• 3.8%

• 4.0%

What recent event caused uncertainty about the government's ability to meet the fiscal deficit target?

• A new tax policy

• A natural disaster

• An economic survey

• A change in government

What is the potential impact on the market if the fiscal deficit target is breached?

• No impact on bond prices

• Stable bond prices

• Decreased bond prices

• Increased bond prices

What is the expected range for the fiscal deficit if it exceeds the target?

• 3.2% to 3.5%

• 4.0% to 4.5%

• 3.0% to 3.2%

• 3.5% to 4.0%

How does the government plan to manage additional borrowing?

• By printing more money

• By cutting public spending

• By using cash balances

• By increasing taxes