According to the Economic survey report 2020 21 the total revenue expenditure of Bihar in the financ...........

Bihar Economy

According to the Economic survey report 2020-21, the total revenue expenditure of Bihar in the financial year 2019-20 was what percentage of the gross state domestic product?

24.2 percent

20.2 percent

2.0 percent

4.8 percent

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Explanation:

In the financial year 2019-20, the revenue expenditure was Rs.123,533 crore and the capital expenditure was Rs.20080 crore. Total revenue expenditure as a percentage of Gross State Domestic Product declined from 24.2% in 2018-19 to 20.2% in 2019-20, State Government borrowing as a percentage of Gross State Domestic Product increased from 3.6% in 2018-19 to 2019-20 done 4.8% The Gross Fiscal Deficit in the year 2019-20 was 2% of the Gross State Domestic Product which was 2.7% in the previous financial year 2018-19.

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