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State PCS PYQPrelims 2022

BPSC – Combined Competitive Examination · Question 60

The fiscal deficit for FY 2022-23 was estimated at what percentage of Bihar's GSDP?

  1. 12.1%
  2. 3.47%
  3. 9.89%
  4. 3.18%
  5. None of the above / More than one of the above
Show answer & explanation

Answer: (B) 3.47%

Explanation

Bihar Budget 2022-23 projected a fiscal deficit of about 3.47% of GSDP.

  • (A) Incorrect

    Wrong: far too high.

  • (B) Correct

    Correct: Bihar's 2022-23 budget estimated the fiscal deficit at 3.47% of GSDP.

  • (C) Incorrect

    Wrong: far too high.

  • (D) Incorrect

    Wrong: not the budget estimate.

  • (E) Incorrect

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