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State PCS PYQPrelims 2022

BPSC – Combined Competitive Examination · Question 54

What was India's tax-to-GDP ratio in FY 2021-22?

  1. 11.7%
  2. 11.5%
  3. 10.9%
  4. 12.5%
  5. None of the above / More than one of the above
Show answer & explanation

Answer: (A) 11.7%

Explanation

Strong post-pandemic collections lifted the Centre's gross tax-GDP ratio to about 11.7% in 2021-22.

  • (A) Correct

    Correct: the Centre's gross tax-to-GDP ratio was about 11.7% in 2021-22.

  • (B) Incorrect

    Wrong: close, but not the figure.

  • (C) Incorrect

    Wrong: too low.

  • (D) Incorrect

    Wrong: too high.

  • (E) Incorrect

    Wrong: only one of the options A–D is correct.