Economics · State Finances of Bihar
Assertion (A): In recent years, the Government of Bihar has been aiming to manage its borrowings and maintain fiscal discipline. Reason (R): The gross fiscal deficit of Bihar as a percentage of GSDP was budgeted near the 3.0% limit for 2024-25. Choose the correct answer:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both (A) and (R) are true and (R) is the correct explanation of (A).✓
- 2(A) is true, but (R) is false.
- 3Both (A) and (R) are true, but (R) is NOT the correct explanation of (A).
- 4(A) is false, but (R) is true.
Correct answer
Both (A) and (R) are true and (R) is the correct explanation of (A).
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