Bihar Special GK PYQ 266 of 603 · Economic Scenario

Which of the following statements is/are correct about Bihar's economic performance in 2023-24?

  1. ABihar's per capita GSDP at current prices increased by 12.8% in 2023-24 over the previous year
  2. BThe estimated share of the tertiary sector in Bihar's GSVA (constant prices) in 2023-24 was 58.6%
  3. CThe Gross Fixed Capital Formation (GFCF) formed 4.6% of GSDP at current prices in 2023-24
  4. DMore than one of the above

71st B.P.S.C. (Pre) 2025

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Correct answer: (d) More than one of the above

Explanation

According to the Bihar Economic Survey 2024–25, in 2023–24 Bihar’s per capita GSDP at current prices increased by 12.8 percent over the previous year to approximately ₹66,828. At constant prices (2011–12), the estimated share of the tertiary (service) sector in Bihar’s Gross State Value Added for 2023–24 was 58.6 percent. Gross Fixed Capital Formation at current prices increased from 1.6 percent of GSDP in 2019–20 to 4.6 percent of GSDP in 2023–24.

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