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    Question

    According to the CAG report on State Finances 2022-23,

    which state recorded the highest revenue surplus? 
    A Gujarat Correct Answer Incorrect Answer
    B Odisha Correct Answer Incorrect Answer
    C Karnataka Correct Answer Incorrect Answer
    D Uttar Pradesh Correct Answer Incorrect Answer
    E Jharkhand Correct Answer Incorrect Answer

    Solution

    The report showed 16 states were revenue surplus, led by Uttar Pradesh with ₹37,263 crore, followed by Gujarat (₹19,865 crore) and Odisha (₹19,456 crore). Meanwhile, 12 states faced deficits, with Andhra Pradesh and Punjab being the weakest. Revenue deficit grants of ₹86,201 crore were provided by the Finance Commission 

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