The fiscal deficit is expected to be ______ of GSDP of Bihar for the financial year 2022-23.
- A3.18%
- B12.1%
- C3.47%
- D9.89%
- ENone of the above / More than one of the above
Show answer and explanation
Correct answer: (c) 3.47%
Explanation
According to the Bihar Budget Estimates, 2022–23, for the financial year 2022–23 the fiscal deficit (₹25,885.10 crore) was about 3.47 percent of Bihar’s GSDP (₹7,45,310 crore). In the Bihar Budget 2025–26, it is estimated at 2.98 percent of the GSDP (₹10,97,264 crore).