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.
Question 4 of 6 Bihar Budget
Practice PYQ questions from this topic across all years
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