Current Affairs · CAG Reports on Bihar
As per the CAG report released in 2024, what key administrative issue was identified regarding State Public Sector Enterprises (SPSEs) in Bihar as of March 31, 2023?
- 1Excessive profit margins without reinvestment
- 2Failure to submit financial statements within the stipulated time✓
- 3Irregular dividend declarations and payouts
- 4Widespread diversion of SPSE funds for non-core activities
Correct answer
Failure to submit financial statements within the stipulated time
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