state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Andhra Predesh GK Economy and Development
Consider the following statements:
Statement 1: The fiscal deficit in the Gross State Domestic Product (G.S.D.P.) is estimated at 4.19% for the year 2024-25.
Statement 2: The revenue deficit in the Gross State Domestic Product (G.S.D.P.) is estimated at 2.12% for the year 2024-25.
Identify the correct one from the following?
1
Both statements are correct
2
Statement 1 is correct, Statement 2 is incorrect
3
Statement 1 is incorrect, Statement 2 is correct
4
Both statements are incorrect