In May 2020, the Government of India raised the net borrowing limit for state governments to _____% of the gross state domestic product (GSDP).

Options

A. a 5
B. b 7
C. c 3
D. d 10

Answer

A

Explanation

Explanation: In May 2020, the Government of India raised the net borrowing limit for state governments to 5% of the gross state domestic product (GSDP).