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Which of the following is the correct statement about State GST revenues for the period April-October 2023?
  • a)
    State GST revenues increased by 10% on average across all states.
  • b)
    State GST revenues increased in all states.
  • c)
    State GST revenues decreased in all states.
  • d)
    State GST revenues decreased in two states only.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following is the correct statement about State GST revenu...
State GST revenues increased by 12% on average across all states, except Manipur and Himachal Pradesh, where they decreased by 19% and 2%, respectively.
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Most Upvoted Answer
Which of the following is the correct statement about State GST revenu...
State GST Revenues for April-October 2023
State GST revenues can have a significant impact on the overall fiscal health of a state. Let's analyze the statement provided and understand the correct answer.

Explanation:

State GST revenues decreased in two states only.
- This means that the majority of states either saw an increase or maintained their State GST revenues.
- A decrease in revenues in only two states indicates that overall, the states performed well in terms of GST collections.
In the given options, the correct statement would be that State GST revenues decreased in two states only. This implies that most states either saw an increase or stable revenues during the period April-October 2023. It showcases a positive trend in GST collections across the states, contributing to their economic stability and growth.
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Which of the following is the correct statement about State GST revenues for the period April-October 2023?a)State GST revenues increased by 10% on average across all states.b)State GST revenues increased in all states.c)State GST revenues decreased in all states.d)State GST revenues decreased in two states only.Correct answer is option 'D'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Which of the following is the correct statement about State GST revenues for the period April-October 2023?a)State GST revenues increased by 10% on average across all states.b)State GST revenues increased in all states.c)State GST revenues decreased in all states.d)State GST revenues decreased in two states only.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is the correct statement about State GST revenues for the period April-October 2023?a)State GST revenues increased by 10% on average across all states.b)State GST revenues increased in all states.c)State GST revenues decreased in all states.d)State GST revenues decreased in two states only.Correct answer is option 'D'. Can you explain this answer?.
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