As of the June 2026 audit of Kerala’s finances, what was the state’s outstanding public debt at the end…
Outstanding public debt of ₹3,10,015.87 crore divided by GSDP of ₹12,48,533.01 crore gives 24.83%. The 23.60% figure is the preceding year’s public-debt ratio, 23.77% uses…
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As of the June 2026 audit of Kerala’s finances, what was the state’s outstanding public debt at the end of FY 2024–25 as a share of that year’s GSDP, rounded to two decimal places?
Answer and explanation
Correct answer B
Outstanding public debt of ₹3,10,015.87 crore divided by GSDP of ₹12,48,533.01 crore gives 24.83%. The 23.60% figure is the preceding year’s public-debt ratio, 23.77% uses internal debt alone, and 35.71% uses all outstanding liabilities in the finance accounts.
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Kerala SET (LBS Centre)