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.
Question 1 of 6 Bihar Budget
Practice PYQ questions from this topic across all years
First question in this topic
The 60.2 percent share in GSDP of Bihar in 2019-20 was of