Consider the following statements regarding the Union Budget 2023–24.
1. The revenue deficit in 2023-24 is targeted at 2.3% of GDP.
2. The fiscal deficit in 2023-24 is targeted at 5.9% of GDP.
Select the correct answer by using the code mentioned below
1
Both 1 and 2
2
Neither 1 nor 2
3
Only 1
4
Only 2