Economics · Economy
Consider the following statements regarding the Uttar Pradesh Budget Estimates for the financial year 2025-26: Statement I: In 2025-26, Uttar Pradesh's revenue surplus is estimated at 2.6% of GSDP. Statement II: This represents a decline from the revenue surplus of 2024-25 (Revised Estimates). Which of the following is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct.
- 2Statement I is correct, but Statement II is incorrect.✓
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is correct, but Statement II is incorrect.
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