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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to Reserve Bank of India’s latest study, which one of the following states ranks as the best performing state in most of the key fiscal parameters?

A	Gujarat
B	Kerala
C	Chhattisgarh
D	Odisha

Explanation:

Detailed explanation-1: -3.1 Chhattisgarh has been rated among the best performing states in fiscal management in the RBI Study of State Finances.

Detailed explanation-2: -In FY21, the highest fiscal deficit was recorded in Tamil Nadu at Rs 1.04 trillion. Maharashtra follows it with Rs 87, 697 crore and Uttar Pradesh with Rs 80, 852 crore.

Detailed explanation-3: -In its June 2022 report, the RBI had flagged the high debt to GDP ratio of a few states for 2021-22. Punjab, Rajasthan, Kerala, West Bengal, Bihar, Andhra Pradesh, Jharkhand, Madhya Pradesh, Uttar Pradesh and Haryana had the highest debt.

Detailed explanation-4: -With this, India ranks sixth in the world among other central banks.

Detailed explanation-5: -The Gross fiscal deficit (GFD) of states is budgeted to narrow to 3.4 per cent of gross domestic product (GDP) in 2022-23 from 4.1 per cent in 2020-21, helped by broad-based economic recovery and higher revenue collections, as per a Reserve Bank of India’s (RBI) report released on Monday.

There is 1 question to complete.