The combined liabilities of Centre and States as a percentage of GDP during the two years 2016-17 and…
67 percent is reported for both 2016-17 and 2017-18 in table 9 of the Economic Survey 2018-19 , volumeII fiscal chapter. The table gives consolidated combined Centre/State…
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The combined liabilities of Centre and States as a percentage of GDP during the two years 2016-17 and 2017-18 consolidated is at
Answer and explanation
Correct answer B
67 percent is reported for both 2016-17 and 2017-18 in table 9 of the Economic Survey 2018-19 , volumeII fiscal chapter. The table gives consolidated combined Centre/State liabilities of 67.0% of GDP in each year. The separate government columns are not simply added because intergovernmental liabilities are consolidated. 69 percent , 68 percent and 66 percent are not those reported combined values.
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UGC NET Economics