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What is Bihar's proposed revenue expenditure for 2024 25?
  • a)
    1.25 Lakh Crore
  • b)
    2.25 Lakh Crore
  • c)
    3.25 Lakh Crore
  • d)
    4.25 Lakh Crore
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is Bihar's proposed revenue expenditure for 2024 25?a)1.25 Lakh C...
The correct answer is 2.25 Lakh Crore.
Key Points
  • Revenue expenditure for 2024-25 is proposed to be Rs 2,25,677 crore, a decrease of 10% over the revised estimates for 2023-24.
  • This includes the expenditure on salaries, pensions, interest, grants, and subsidies. In 2023-24, revenue expenditure is estimated to be 20% higher than the budget estimates.
Additional Information
  • Bihar is one of the lowest GDP states in India with a contribution of only about 3.1% to India’s overall GDP .
  • Maharashtra has the highest GDP among Indian states, contributing about 15.7% to India's overall GDP.
  • Bihar CM : Shri Nitish Kumar.
    (Feb, 2024)
  • Governor : Shri
    Rajendra Vishwanath Arlekar. (Feb, 2024)
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What is Bihar's proposed revenue expenditure for 2024 25?a)1.25 Lakh Croreb)2.25 Lakh Crorec)3.25 Lakh Crored)4.25 Lakh CroreCorrect answer is option 'B'. Can you explain this answer?
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