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Multiple Choice Questions

The economy of Bihar was projected to grow at a compound annual growth rate CAGR of what rate during...........

Bihar Economy

The economy of Bihar was projected to grow at a compound annual growth rate (CAGR) of what rate during 2012–2017, i.e. the 12th Five-Year Plan?

15.5%

13.4%

10.00%

19.12%

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Explanation:

Bihar is the fastest growing state in terms of gross state domestic product (GSDP), clocking a growth rate of 17.06% in FY 2014–15. The economy of Bihar was projected to grow at a compound annual growth rate (CAGR) of 13.4% during 2012–2017, i.e. the 12th Five-Year Plan. Bihar has witnessed strong growth in per capita net state domestic product (NSDP).

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