65th B.P.S.C. (Pre) 2020
What is the estimated percentage increase in surplus revenue in Bihar in 2018-19 as compared to 2017-18?
a40%
b50%
c54%
d44%
eNone of the above/More than one of the above✓ Correct
Explanation
According to the Bihar Economic Review, 2019–20, Bihar has been maintaining a continuous revenue surplus since 2004–05. In 2018–19, the revenue surplus was 1.34 percent of the Gross State Domestic Product (GSDP). The revenue surplus kept increasing continuously up to 2014–15, and thereafter increased by 153 percent to reach `14,823 crore in 2017–18. However, in 2018–19, it declined by 52.5 percent and stood at `6,897 crore. In the state’s budget estimate for 2019–20, the revenue surplus was estimated at `21,517 crore. In 2025–26 (budget estimate), the revenue surplus is estimated to be `8,831.18 crore (0.80% of GSDP).
general-geography
