Home » In 1986-87, the overall fiscal deficit of India touched an all time high of Globalisation MCQs In 1986-87, the overall fiscal deficit of India touched an all time high of February 17, 2022 3 Views Q. In 1986-87, the overall fiscal deficit of India touched an all time high of A. 5% of GDP. B. 7% of GDP. C. 9% of GDP. D. 10% of GDP. Answer: 9% of GDP.