Economics · Indian Economy
Consider the following statements regarding Bihar's public finances: I. State GST (SGST) is the largest contributor to Bihar's own tax revenue. II. Bihar's own tax revenue is more than 10% of its GSDP. III. Central transfers form more than two-thirds of Bihar's total revenue receipts. Which of the statements given above are correct?
- 1I, II and III
- 2I and III only✓
- 3II and III only
- 4I and II only
Correct answer
I and III only
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