New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In the fiscal year 2023-24, what is the estimated

    proportion of revenue receipts that the state will receive from the center, including both the state's share in central taxes and grants?
    A 20% Correct Answer Incorrect Answer
    B 37% Correct Answer Incorrect Answer
    C 57% Correct Answer Incorrect Answer
    D 43% Correct Answer Incorrect Answer

    Solution

    Total revenue receipts for 2023-24 are estimated to be Rs 57,057 crore, an increase of 10% over the revised estimate of 2022-23.  Of this, Rs 24,744 crore (43%) will be raised by the state through its own resources, and Rs 32,313 crore (57%) will come from the centre.  Resources from the centre will be in the form of state’s share in central taxes (20% of revenue receipts) and grants (37% of revenue receipts).  

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