Skip to content
Exercise 10.2 · Q4
Q.

India's union budget 2020-21 fixes Fiscal Responsibility and Budget Management targets FRBM targets for deficits (as % of GDP):

Actuals 2018-19Revised 2019-20Budgeted 2020-21Target 2021-22Target 2022-23
Fiscal Deficit3.4%3.8%3.5%3.3%3.1%
Revenue Deficit2.4%2.4%2.7%2.3%1.9%

Sources: Medium Term Fiscal Policy Statement, Union Budget 2020-21; PRS. Represent the information using a suitable graph.

Yanam CbseNCERTSubjective· 3mImportance★★★★★est
21% · 12/57 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

The data is a year-wise time series for two related deficit measures, so a multiple line graph is the natural, most informative representation.

Line graph: plots a variable against a continuously ordered scale (here, fiscal year) by joining successive data points with straight-line segments; a multiple line graph overlays two or more such series on the same axes for direct trend comparison.

  1. Restate the given data:
YearFiscal Deficit (% of GDP)Revenue Deficit (% of GDP)
2018-19 (Actual)3.42.4
2019-20 (Revised)3.82.4
2020-21 (Budgeted)3.52.7
2021-22 (Target)3.32.3
2022-23 (Target)3.11.9
  1. Put the 5 years (in chronological order) on the xx-axis and % of GDP on the yy-axis (range roughly 1.51.5 to 4.04.0).
  2. Plot the Fiscal Deficit points (2018-19,3.4),(2019-20,3.8),(2020-21,3.5),(2021-22,3.3),(2022-23,3.1)(2018\text{-}19, 3.4), (2019\text{-}20, 3.8), (2020\text{-}21, 3.5), (2021\text{-}22, 3.3), (2022\text{-}23, 3.1) and join them with one line; plot the Revenue Deficit points (2018-19,2.4),…,(2022-23,1.9)(2018\text{-}19, 2.4), \ldots, (2022\text{-}23, 1.9) and join them with a second, differently-styled line. …

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.