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Question

According to the Union Budget 2023-24, consider the following statements. 

1. The share of exports in GDP (at 2011-12 prices) also increased to 28.7 per cent in FY 2022-23 compared to 21.5 per cent in FY 2021-22. 

2. GST collections during December 2022 were 15 per cent higher on a y-o-y basis.

3. GST collections crossed the 1.4 lakh crore benchmark for successive nine months.

Which of the above statements is/are correct?

A 1 and 2 only Correct Answer Incorrect Answer
B 1 and 3 only Correct Answer Incorrect Answer
C 2 and 3 only Correct Answer Incorrect Answer
D 1, 2 and 3 Correct Answer Incorrect Answer
E 3 only Correct Answer Incorrect Answer

Solution

The correct answer is C

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