Comprehension Passage
Read the following passage and answer the questions. Some major heads and items are highlighted here. Total receipt was Rs. 400 crore, of which revenue receipts was Rs. 250 crore and capital receipts was Rs. 150 crore. In the total revenue receipts, tax revenue receipts contributed Rs. 220 crore and non-tax revenue receipts contributed Rs. 30 crore respectively. In the total capital receipts, Borrowings and other liabilities were Rs. 100 crore. Out of total revenue expenditure of Rs. 300 crore, interest payments was Rs. 90 crore and grants for creation of capital assets was Rs. 20 crore. Out of total capital expenditure of Rs. 100 crore, scheme expenditure was Rs. 75 crore and other than scheme expenditure was Rs. 25 crore. The country’s GDP at current prices for the given financial year was Rs. 2000 crore. On the Balance of payments accounts, the current account deficit was Rs. 50 crore.

What was the twin deficit as percentage of GDP ?

1
2.5% 
2
5.0%
3
7.5%
4
10.0%

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