BPSC CCE Prelims
Bihar Budget Previous Year Questions (PYQs)
Practice solved questions for Bihar Budget with detailed step-by-step solutions, key insights, and trend analysis for BPSC CCE PRELIMS.
Solved Previous Year Questions
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The 60.2 percent share in GSDP of Bihar in 2019-20 was of
Detailed Explanation:
Bihar's GSDP structure (2019-20): The service sector contributed 60.2% share to Bihar's GSDP, making it the largest contributor.
Agriculture sector contributed approximately 20-25%, while industrial/manufacturing sector contributed around 15-20%, reflecting Bihar's service-driven economy.
Which of the following statement/s is/are correct about Bihar's economic performance in 2023-24?
Detailed Explanation:
✅ Statement 1 – Correct: Bihar's per capita GSDP at current prices increased by 12.8% in 2023-24 over the previous year as per official economic survey data.
✅ Statement 2 – Correct: The tertiary (services) sector share in Bihar's GSVA at constant prices was 58.6% in 2023-24, reflecting the dominance of the services sector.
❌ Statement 3 – Incorrect: Gross Fixed Capital Formation (GFCF) as a percentage of GSDP was significantly higher; the 4.6% figure misrepresents the actual capital formation ratio reported in official statistics.
According to the Economic Survey of Bihar 2021-22, what is the level of urbanization in the State at present?
Detailed Explanation:
The Economic Survey of Bihar 2021-22 reports the state's urbanization level, reflecting demographic shifts from the 2011 census baseline.
- 2011 Census Baseline: Bihar's urbanization stood at 11.3%, among the lowest in India.
- Current Level (2021-22): The Economic Survey states urbanization has risen to 15.3%, indicating gradual urban growth.
- Therefore, the present urbanization level is 15.3%, making Option 2 the correct answer.
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The fiscal deficit in Bihar during 2021-22 is estimated as
Detailed Explanation:
The Bihar Budget 2021-22 presented by the state government estimated the fiscal deficit at ₹22,511 crores. This represents the shortfall between total revenue and total expenditure excluding borrowings.
The other options (₹27,617 crores, ₹20,011 crores, ₹21,543 crores) do not match the official fiscal deficit figure announced in the state budget document for FY 2021-22.
Therefore, the correct fiscal deficit estimate is ₹22,511 crores, making Option 1 the correct answer.
Choose the incorrect statement as per the Economic Survey of Bihar, 2021-22.
Detailed Explanation:
The Economic Survey of Bihar 2021-22 reports sectoral growth rates for 2016-17 to 2020-21: primary sector at 2.3%, secondary sector at 4.8%, and tertiary sector at 8.5% (highest).
Option 3 incorrectly states primary sector growth at 2.8% instead of the actual 2.3%. Options 1, 2, and 4 correctly match the survey data.
Therefore, Option 3 is the incorrect statement, making it the correct answer.
The fiscal deficit is expected to be _______ of GSDP of Bihar for the financial year 2022-23.
Detailed Explanation:
As per Bihar Budget 2022-23, the fiscal deficit was estimated at ₹25,885 crore, which equals 3.47% of GSDP—within the 4% FRBM limit prescribed by the central government for that year.
This represents a decline from 4.82% in 2020-21 and 2.97% in 2021-22, reflecting improved fiscal consolidation efforts by the state government.
Therefore, 3.47% is the correct fiscal deficit figure for Bihar FY 2022-23, making Option 2 the correct answer.
Related Topics in Bihar Special
Agriculture
Economic Profile
Industries
Mineral & Energy Resources
Tourism Economy
Infrastructure
Transport
Government Schemes
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