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UPPSC (UP) Exam  >  UPPSC (UP) Tests  >  Test: Uttar Pradesh Budget Analysis 2023-2024 - UPPSC (UP) MCQ

Test: Uttar Pradesh Budget Analysis 2023-2024 - UPPSC (UP) MCQ


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10 Questions MCQ Test - Test: Uttar Pradesh Budget Analysis 2023-2024

Test: Uttar Pradesh Budget Analysis 2023-2024 for UPPSC (UP) 2024 is part of UPPSC (UP) preparation. The Test: Uttar Pradesh Budget Analysis 2023-2024 questions and answers have been prepared according to the UPPSC (UP) exam syllabus.The Test: Uttar Pradesh Budget Analysis 2023-2024 MCQs are made for UPPSC (UP) 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Uttar Pradesh Budget Analysis 2023-2024 below.
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Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 1
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In the fiscal year 2023-24, what is the estimated share of State GST in Uttar Pradesh's own tax revenue?

Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 1
The State GST is expected to contribute 38% to Uttar Pradesh's own tax revenue in the fiscal year 2023-24, highlighting the significance of GST as a revenue source for the state.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 2
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What is the projected growth of Uttar Pradesh's Gross State Domestic Product (GSDP) for the financial year 2023-24?

Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 2
The projected growth of Uttar Pradesh's GSDP for the financial year 2023-24 is 19%, as mentioned in the budget highlights. This indicates the expected increase in the economic output of the state during that period.
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Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 3
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What is the estimated increase in fiscal deficit from the revised estimates of 2022-23 to the targeted fiscal deficit for 2023-24 in Uttar Pradesh?

Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 3
The targeted fiscal deficit for Uttar Pradesh in 2023-24 is Rs 84,883 crore, reflecting an increase of Rs 3,558 crore from the revised estimates of 2022-23. Fiscal deficit is an important indicator of a state's financial health.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 4
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What percentage of the total expenditure in 2023-24 is allocated for committed expenditure in Uttar Pradesh?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 4
Uttar Pradesh is projected to allocate 57% of its anticipated revenue receipts for committed expenditure in the fiscal year 2023-24. Committed expenditure includes payments for salaries, pensions, interest, and subsidies.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 5
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What is the allocation for flood control and irrigation projects in the Uttar Pradesh budget for 2023-24?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 5
The budget allocates Rs 10,952 crore for flood control and irrigation projects in Uttar Pradesh for the financial year 2023-24, reflecting the state's focus on agricultural infrastructure.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 6
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What is the targeted fiscal deficit for Uttar Pradesh in the financial year 2023-24?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 6
The targeted fiscal deficit for Uttar Pradesh in the financial year 2023-24 is 3.5% of GSDP, indicating the planned gap between the state's total expenditure and its total receipts, excluding borrowings.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 7
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What percentage of Uttar Pradesh's GSDP does the projected revenue surplus for 2023-24 represent?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 7
The projected revenue surplus for Uttar Pradesh in 2023-24 is estimated at 2.8% of GSDP, indicating the state's financial health with a surplus in revenue over expenditure.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 8
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What is the estimated growth rate of Uttar Pradesh's GSDP in the financial year 2021-22?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 8
The GSDP of Uttar Pradesh is estimated to grow at a rate of 4.2% in the financial year 2021-22, showcasing economic recovery from the contraction experienced in the previous year.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 9
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What is the proportion of the capital outlay in the proposed expenditure for 2023-24 in Uttar Pradesh?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 9
The proposed capital outlay for Uttar Pradesh in the financial year 2023-24 is Rs 1,47,492 crore, constituting 17% of the total proposed expenditure. Capital outlay represents expenditure directed towards asset creation.
Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 10
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What is the anticipated contribution of the central government to Uttar Pradesh's revenue receipts in 2023-24?
Detailed Solution for Test: Uttar Pradesh Budget Analysis 2023-2024 - Question 10
The central government is expected to contribute 52% to Uttar Pradesh's total revenue receipts in the fiscal year 2023-24. This includes the state's share in central taxes and grants, emphasizing the role of central assistance in state finances.
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