Economics · Economy
Consider the following statements regarding the long-term Gross State Domestic Product (GSDP) growth of Bihar: 1. The state's economy experienced a 3.5 times growth at constant prices between 2011-12 and 2023-24. 2. The GSDP of Bihar in 2011-12 was ₹2.47 lakh crore at current prices. 3. The estimated GSDP of Bihar at current prices for 2023-24 is ₹8.54 lakh crore. 4. The economic expansion of 3.5 times is calculated from a base value of ₹4.64 lakh crore in 2011-12. Which of the statements given above are correct?
- 11, 2, and 3
- 2Only 3 and 4
- 3Only 1 and 2
- 4Only 2 and 3✓
Correct answer
Only 2 and 3
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