Economics · Indian Economy

Consider the following statements regarding Bihar's fiscal position: I. Bihar's outstanding debt is estimated at around 34% of GSDP. II. Committed expenditure includes only salaries and pensions. III. Committed expenditure forms nearly half of the state's revenue receipts. Which of the statements given above are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Correct answer

I and III only

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