Current Affairs · State Finances Report
With reference to the Comptroller and Auditor General's State Finances 2023-24 Report, consider the following statements: I. In Financial Year 2023-24, the States' Own Tax Revenue (SOTR) accounted for about half of the total revenue receipts of the States taken together. II. As on 31 March 2024, the combined public debt of the States was placed at less than one-fourth of their combined GSDP. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II
- 2Both I and II
- 3II only
- 4I only✓
Correct answer
I only
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