Built from the macro overview chapter, whose figures come from the Government of Rajasthan's Economic Review 2025-26 and the Budget Speech of 11 February 2026, both read directly. No question here invents a figure, and every answer traces to a table on the parent page.

How to use this page

This is the unit where RPSC asks by figure, and it is also the unit where a right number attached to the wrong label loses the mark. Almost every trap on this page is one of five kinds, and they are worth more than the arithmetic.

Work in this order: Section A first, because if you cannot tell GSDP from GSVA from NSDP you cannot read the options; then B, which is where most marks in this topic are actually lost; then the rest in any order.

Read the tag on each question

TagWhat it testsIf you keep missing these
Type A · aggregateGSDP offered where GSVA or NSDP is wantedLearn the three definitions once; they never change
Type B · estimate stageAn Advance Estimate read as a result, or a Budget Estimate as a Revised oneAsk of every figure: AE, RE, BE or Accounts?
Type C · price basisA current-price figure offered for a constant-price questionStandard of living wants constant; size of economy wants current
Type D · which clockA calendar-year price index offered for a financial year, or a part-year figure as a full oneAsk what period the figure covers, not just which year
Type E · district frameworkA district figure quoted as though it covered 41 districtsBoth district tables are on the 33-district map
Recall / ConceptNo trap — the figure, or the reasoning behind itOrdinary revision

Section A — The five aggregates (Q1–7)

1. Per capita income in Rajasthan is derived by dividing which aggregate by the mid-year population? — Type A · aggregate
(a) Gross State Domestic Product (b) Gross State Value Added (c) Net State Domestic Product (d) Gross Fixed Capital Formation
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(c) Net State Domestic Product — the Review defines per capita income as NSDP divided by the mid-year population.

Why not the others: (a) GSDP is the commonest wrong answer and produces a far larger figure, because it is gross and includes depreciation; (b) GSVA is measured at basic prices and is not a per-head base at all; (d) GFCF is an investment measure. The word that decides it is "net".

2. GSDP and GSVA differ by — Type A · aggregate
(a) product taxes less product subsidies (b) consumption of fixed capital (c) net factor income from outside the state (d) the value of intermediate consumption
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(a) product taxes less product subsidies — GSDP is measured at market prices and GSVA at basic prices, and the wedge between them is exactly that.

Why not the others: (b) consumption of fixed capital is the gap between gross and net, that is between GSDP and NSDP; (c) is the domestic-versus-national distinction, which does not arise here; (d) intermediate consumption is what value added already nets out.

3. The sector shares of 25.74, 26.55 and 47.71 per cent for 2025-26 are shares of — Type A · aggregate
(a) GSDP at current prices (b) NSDP at current prices (c) GSDP at constant prices (d) GSVA at current basic prices
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(d) GSVA at current basic prices — the Review computes sector composition on value added at basic prices.

Why not the others: (a) and (c) would include product taxes net of subsidies and give different shares; (b) NSDP is not used for composition at all. At constant prices the same three sectors read 25.33, 28.21 and 46.46, which is a separate set worth holding.

4. Gross Fixed Capital Formation measures — Recall
(a) total government capital expenditure in the year (b) spending that adds to the stock of fixed assets (c) the value of all assets held in the state (d) net additions to inventories
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(b) spending that adds to the stock of fixed assets — a flow of investment, not a stock.

Why not the others: (a) is a fraction of it; in 2024-25 the public sector was only 22.03 per cent of Rajasthan's GFCF; (c) is a stock, not a flow; (d) inventories are a separate component of capital formation and are not "fixed".

5. NSDP is obtained from GSDP by deducting — Type A · aggregate
(a) product subsidies (b) interest payments (c) consumption of fixed capital (d) transfers to local bodies
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(c) consumption of fixed capital, that is depreciation.

Why not the others: (a) subsidies feature in the GSDP-to-GSVA step, not this one; (b) interest is a fiscal item and separates the fiscal from the primary deficit; (d) is a budgetary transfer with no place in the national accounts identity.

6. Rajasthan's NSDP at current prices in 2025-26 was about — Recall
(a) ₹16,85,118 crore (b) ₹18,75,413 crore (c) ₹17,12,000 crore (d) ₹9,81,807 crore
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(a) ₹16,85,118 crore.

Why not the others: (b) ₹18,75,413 crore is GSDP at current prices; (c) ₹17.12 lakh crore is GSVA at current prices; (d) ₹9,81,807 crore is GSDP at constant prices. All four are real figures for the same year, which is exactly why the aggregate has to be read off the question.

7. A candidate divides GSDP by population to get per capita income. The result will be — Concept
(a) correct, since the two measures are equivalent per head (b) too low, because GSDP excludes depreciation (c) correct only at constant prices (d) too high, because GSDP is gross of depreciation
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(d) too high, because GSDP is gross of depreciation. Per capita income is built on NSDP, which is smaller.

Why not the others: (a) is the error the question is testing; (b) inverts the direction; (c) is irrelevant, since the gross-net distinction applies on both price bases.


Section B — The estimate stage (Q8–14)

8. In the Economic Review 2025-26, the year 2025-26 is a — Type B · estimate stage
(a) Provisional Estimate (b) Advance Estimate (c) First Revised Estimate (d) Second Revised Estimate
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(b) Advance Estimate.

Why not the others: (c) First Revised is 2024-25 and (d) Second Revised is 2023-24, in the Review's own note; (a) Provisional is the stage the Review uses for the All-India figures, not for Rajasthan's. The most recent year with a settled figure anywhere in this chapter is 2023-24.

9. The fiscal deficit for 2025-26 appears in state documents as both ₹84,643.63 crore and ₹72,492.62 crore. The reason is that — Type B · estimate stage
(a) the first is the Budget Estimate and the second the Revised Estimate (b) the first is at current prices and the second at constant prices (c) the first includes public debt and the second does not (d) one of the two is a misprint
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(a) the first is the Budget Estimate and the second the Revised Estimate. The BE is in the Economic Review's appendix; the RE is in the Budget Speech of 11 February 2026.

Why not the others: (b) deficits are not computed on price bases; (c) the fiscal deficit is defined net of borrowing in both; (d) both are official and neither is wrong. A question asking for "the fiscal deficit in 2025-26" is unanswerable until the stage is fixed.

10. "Budget Estimate", "Revised Estimate" and "Accounts" stand in which relation? — Concept
(a) All three are outturns, differing only in the date of publication (b) BE and RE are outturns; Accounts is a projection (c) BE is what was proposed, RE what is now expected, Accounts what happened (d) RE is what was proposed and BE what is now expected
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(c) BE is what was proposed, RE what is now expected, Accounts what happened.

Why not the others: (a) and (b) treat estimates as results; (d) reverses the two. Neither a Budget Estimate nor a Revised Estimate is an account of money received or spent.

11. The GSDP figure of ₹21,52,100 crore for 2026-27 is — Type B · estimate stage
(a) an Advance Estimate of the Directorate of Economics and Statistics (b) a Budget Estimate stated in the Budget Speech (c) a Provisional Estimate published with the Economic Review (d) the audited outturn for 2026-27
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(b) a Budget Estimate stated in the Budget Speech of 11 February 2026, in its statement of fiscal parameters.

Why not the others: (a) the Directorate's Advance Estimate for 2026-27 does not exist yet and will not until the next Review; (c) the Review's own tables stop at 2025-26; (d) no outturn for a year still running can exist. It is a budget assumption, not a measurement.

12. In the Review's budget appendix, the 2024-25 column is labelled — Type B · estimate stage
(a) Advance Estimate (b) Accounts (c) Budget Estimate (d) Revised Estimate
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(d) Revised Estimate — the appendix prints "2024-25(RE)" and "2025-26(BE)".

Why not the others: (c) Budget Estimate is the 2025-26 column; (a) applies to the national-accounts tables rather than the budget ones; (b) Accounts appear for no recent year in this appendix.

13. Which pair of figures shows that the Budget Estimate and the Revised Estimate can move in opposite directions in the same year? — Concept
(a) The fiscal deficit fell from ₹84,643.63 to ₹72,492.62 crore while the revenue deficit rose from ₹31,009.41 to ₹32,982.92 crore (b) Both deficits fell (c) Both deficits rose (d) The fiscal deficit rose and the revenue deficit fell
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(a) — for 2025-26 the fiscal deficit was revised down by about ₹12,151 crore while the revenue deficit was revised up.

Why not the others: (b), (c) and (d) all misstate one of the two directions. The two deficits are separate quantities and nothing forces them to move together.

14. Which statement about the Economic Review 2025-26 is correct? — Type B · estimate stage
(a) It was published with the Budget for 2025-26 (b) Its budget appendix carries Revised Estimates for 2025-26 (c) It was published alongside the Budget for 2026-27, and its budget appendix stops at a 2025-26 Budget Estimate (d) It carries Advance Estimates for 2026-27
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(c) — the Review appeared with the 2026-27 Budget on 11 February 2026, and its budget tables end at 2025-26(BE).

Why not the others: (a) is a year out; (b) the Revised Estimate for 2025-26 is in the Budget Speech, not the Review; (d) no 2026-27 Advance Estimate exists.


Section C — Rajasthan against India (Q15–21)

15. Rajasthan's share of India's GDP at current prices in 2025-26 was — Recall
(a) 4.86 per cent (b) 5.25 per cent (c) 6.12 per cent (d) 3.94 per cent
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(b) 5.25 per cent, which the Review states in its own words.

Why not the others: (a) 4.86 per cent is the share at constant prices and is the designed distractor; (c) and (d) appear in no state source. Both real figures are the Review's own statements, not arithmetic, so either can be asked directly.

16. Comparing Rajasthan with India in 2025-26, which is true? — Concept
(a) Rajasthan grew faster and had a higher per capita income (b) Rajasthan grew slower and had a lower per capita income (c) Rajasthan grew slower but had a higher per capita income (d) Rajasthan grew faster but had a lower per capita income
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(d) Rajasthan grew faster but had a lower per capita income — 10.24 against 8.0 at current prices and 8.66 against 7.4 at constant, but ₹2,02,349 against ₹2,19,575 and ₹1,03,189 against ₹1,21,968.

Why not the others: each of the other three reverses one half. A state can outgrow the country and still earn less per head, and that tension is the examinable point.

17. India's per capita income at constant (2011-12) prices in 2025-26 was — Type C · price basis
(a) ₹2,19,575 (b) ₹1,03,189 (c) ₹1,21,968 (d) ₹2,02,349
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(c) ₹1,21,968.

Why not the others: (a) ₹2,19,575 is India's PCI at current prices; (b) ₹1,03,189 and (d) ₹2,02,349 are Rajasthan's constant and current figures. All four are genuine and belong to the same table, so the price basis and the geography must both be read.

18. In 2011-12 the per capita income at current prices was ₹57,192 in Rajasthan and ₹63,462 for India. What does the Review use this pair for? — Recall
(a) A base-year comparison shown against the 2025-26 pair (b) The constant-price series for 2025-26 (c) The definition of replacement-level income (d) The deflator used to convert current to constant prices
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(a) a base-year comparison shown against the 2025-26 pair, printed as a figure in the Review.

Why not the others: (b) those are ₹1,03,189 and ₹1,21,968; (c) and (d) are not concepts the Review applies here. Both figures have risen roughly three and a half times over the fourteen years, which is the reading.

19. India's GDP at constant (2011-12) prices in 2025-26 is given by the Review as — Recall
(a) ₹357.14 lakh crore (b) ₹18.75 lakh crore (c) ₹9.82 lakh crore (d) ₹201.90 lakh crore
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(d) ₹201.90 lakh crore, growing 7.4 per cent.

Why not the others: (a) ₹357.14 lakh crore is India's GDP at current prices; (b) and (c) are Rajasthan's current and constant GSDP. Rajasthan is 4.86 per cent of the constant-price figure.

20. Why is it unsafe to compare Rajasthan's current-price per capita income with India's constant-price figure? — Type C · price basis
(a) The two are computed for different populations (b) The two series use different price bases, so the ratio between them is not meaningful (c) India does not publish a constant-price per capita income (d) Rajasthan's figure is an estimate and India's is an outturn
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(b) — pair current with current and constant with constant.

Why not the others: (a) each is per head of its own population, which is the point of the measure; (c) India's constant PCI is ₹1,21,968 and is published; (d) both are estimates, though at different stages, and that is a separate caution.

21. Rajasthan's GSDP growth at constant prices in 2025-26 was — Type C · price basis
(a) 8.66 per cent (b) 10.24 per cent (c) 7.4 per cent (d) 8.0 per cent
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(a) 8.66 per cent.

Why not the others: (b) 10.24 is Rajasthan at current prices; (c) 7.4 and (d) 8.0 are India's constant and current growth. The gap between a state's two growth rates is inflation, and it has narrowed from about 8.5 points in 2021-22 to about 1.6 in 2025-26.


Section D — Sectors and capital formation (Q22–28)

22. Which sector grew fastest in real terms in Rajasthan in 2025-26? — Recall
(a) Agriculture, at 3.47 per cent (b) Industry, at 7.02 per cent (c) Services, at 11.15 per cent (d) Agriculture, at 0.22 per cent
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(c) Services, at 11.15 per cent at constant prices.

Why not the others: (d) 0.22 per cent is agriculture's real growth and is the slowest, not the fastest; (a) 3.47 per cent is agriculture at current prices, so it is the right number on the wrong basis; (b) 7.02 is industry, second of the three.

23. Total GSVA at constant prices in 2025-26 was ₹8.79 lakh crore. Its growth over 2024-25 was — Recall
(a) 8.66 per cent (b) 7.03 per cent (c) 7.57 per cent (d) 9.03 per cent
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(b) 7.03 per cent.

Why not the others: (c) 7.57 per cent is the previous year's GSVA growth and is printed in the same sentence; (a) 8.66 is GSDP growth, not GSVA; (d) is not a figure in this table.

24. Gross Fixed Capital Formation in 2024-25 was — Recall
(a) ₹4,49,352 crore, 29.52 per cent of GSDP (b) ₹3,90,245 crore, 28.94 per cent of GSDP (c) ₹5,37,184 crore, 31.6 per cent of GSDP (d) ₹5,02,412 crore, 29.53 per cent of GSDP
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(d) ₹5,02,412 crore, 29.53 per cent of GSDP — a rise of 11.81 per cent over 2023-24.

Why not the others: (a) is 2023-24 and (b) is 2022-23, both real figures from the same series; (c) ₹5,37,184 crore is the Budget's total receipts for 2025-26 and has nothing to do with capital formation.

25. The private sector's share of Rajasthan's GFCF in 2024-25 was — Recall
(a) 77.97 per cent (b) 22.03 per cent (c) 50.00 per cent (d) 29.53 per cent
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(a) 77.97 per cent.

Why not the others: (b) 22.03 per cent is the public sector's share and the two are designed to be swapped; (d) 29.53 per cent is GFCF as a share of GSDP, a different ratio entirely. The state's own capital spending is the smaller fifth of capital formation in Rajasthan.

26. Agriculture's share of GSVA fell while the sector still grew. The best explanation is — Concept
(a) The sector contracted in absolute terms (b) Product taxes on agriculture rose (c) The other sectors grew faster, so agriculture's share of a larger total fell (d) The base year was revised
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(c) — a share can fall while the sector grows, if the others grow faster.

Why not the others: (a) agriculture grew, if only by 0.22 per cent in real terms; (b) shares here are computed on basic prices, which exclude product taxes; (d) the base year is still 2011-12 and unchanged. This is structural change, not a bad year.

27. The GFCF ratio to GSDP moved from 28.64 per cent in 2021-22 to 29.53 per cent in 2024-25. The correct reading is — Concept
(a) Both the rate and the amount of investment are flat (b) Both the rate and the amount rose sharply (c) The rate rose sharply while the amount was flat (d) The rate is broadly flat while the amount rose by about ₹1.6 lakh crore
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(d) — under a percentage point in three years on the ratio, against a rise of roughly ₹1.6 lakh crore in the absolute figure.

Why not the others: (a) ignores the absolute rise; (b) overstates the ratio's movement; (c) inverts both. The investment rate is broadly flat; the investment amount is not.

28. Which is the correct set of GSVA shares at constant prices for 2025-26? — Type C · price basis
(a) Agriculture 25.74, industry 26.55, services 47.71 (b) Agriculture 25.33, industry 28.21, services 46.46 (c) Agriculture 28.56, industry 26.55, services 44.89 (d) Agriculture 25.33, industry 26.55, services 48.16
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(b) 25.33, 28.21 and 46.46.

Why not the others: (a) is the current-price set, which is the one most notes carry and the designed trap; (c) and (d) mix figures from the two bases. Industry's share is notably larger at constant prices than at current.


Section E — The districts (Q29–34)

29. In the Review's district tables, the highest per capita income at constant prices in 2024-25 belonged to — Recall
(a) Jaipur, at ₹1,41,490 (b) Jaisalmer, at ₹1,25,854 (c) Alwar, at ₹1,55,929 (d) Rajsamand, at ₹1,31,044
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(c) Alwar, at ₹1,55,929.

Why not the others: all three are real district figures from the same column and occupy the next places: Jaipur ₹1,41,490, Rajsamand ₹1,31,044, Jaisalmer ₹1,25,854. Jaipur is the largest district economy but not the richest per head, and that is the trap this table sets.

30. Which district had the largest Gross District Domestic Product at current prices in 2024-25? — Concept
(a) Jaipur, at ₹2,37,409 crore (b) Alwar, at ₹1,36,559 crore (c) Jodhpur, at ₹92,039 crore (d) Alwar, at ₹2,68,321 crore
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(a) Jaipur, at ₹2,37,409 crore — the largest district economy by a wide margin.

Why not the others: (b) Alwar at ₹1,36,559 crore is second; (d) ₹2,68,321 is Alwar's per capita income at current prices, not its GDDP, and mixing a per-head figure with a total is the error being tested; (c) Jodhpur is third.

31. A question asks for the per capita income of Balotra. Using the Review's district tables you should conclude that — Type E · district framework
(a) It equals Jodhpur's, since Balotra was carved from it (b) No separate figure exists; both tables are on the 33-district framework (c) It is given in the constant-price table but not the current-price one (d) It is given at current prices only
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(b) no separate figure exists — both district tables cover 33 districts and rest on GSDP estimates released in February 2025.

Why not the others: (a) assumes a per-head figure transfers to a carved-out district, which it does not; (c) and (d) invent a coverage difference between two tables that share the same framework. Balotra, Phalodi and Salumber are inside their parent districts here.

32. Which statement about the two district per capita income tables is correct? — Type C · price basis
(a) The rank order is identical on both price bases (b) Alwar is highest at constant prices and Jaipur at current prices (c) Dungarpur is lowest at constant prices and Dholpur at current prices (d) Alwar is highest on both, but the order below the top differs between them
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(d) — Alwar leads both, but Bikaner is fifth at constant prices and sixth at current, while Bhilwara is fifth at current and seventh at constant.

Why not the others: (a) is the assumption the question tests; (b) Jaipur is second at current prices, not first; (c) Dungarpur is lowest on both. Quote ranks from the basis the question names.

33. The ratio of about 2.9 to 1 between Alwar and Dungarpur is described on the parent page as — Concept
(a) Arithmetic on two published figures, not a published figure (b) A ratio published by the Directorate of Economics and Statistics (c) A projection for 2026-27 (d) The Review's own measure of regional inequality
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(a) arithmetic on two published figures.

Why not the others: (b) and (d) the Review publishes the district table but not this ratio; (c) it is a 2024-25 comparison. Derived figures are marked as derived throughout this unit.

34. The district tables carry which caveat in the Review's own note? — Type E · district framework
(a) Final, and based on the 2011 Census (b) Provisional, and based on the 41-district framework (c) Provisional, and based on State GSDP estimates released in February 2025 (d) Advance Estimates for 2025-26
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(c) provisional, based on State GSDP estimates released in February 2025.

Why not the others: (a) the tables are expressly marked provisional, not final; (b) the framework is 33 districts; (d) the district tables run to 2024-25, not 2025-26.


Section F — The two price clocks (Q35–40)

35. The state's Wholesale Price Index rose from 394.68 to 399.13. That pair belongs to — Type D · which clock
(a) Financial years 2024-25 and 2025-26 (b) Financial years 2023-24 and 2024-25 (c) Calendar years 2023 and 2024 (d) Calendar years 2024 and 2025
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(d) calendar years 2024 and 2025, a rise of 1.13 per cent, from the Review's price chapter.

Why not the others: the financial-year series in the Key Indicators table reads 396.72 for 2024-25 and 399.74 for 2025-26, the latter a part-year average to December. Both series are the Review's own and neither is wrong, which is exactly why the basis must be stated.

36. The state WPI's group weights are — Recall
(a) Primary articles 49.853, manufactured products 33.894, fuel and power 16.253 (b) Manufactured products 49.853, primary articles 33.894, fuel and power 16.253 (c) Primary articles 45.65, manufactured products 31.14, fuel and power 23.21 (d) Equal weights across the three groups
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(b) — manufactured products carry almost half the weight.

Why not the others: (a) swaps the two largest weights, which is the designed error; (c) borrows digits from the 2025 group indices (445.65 and 311.42) rather than the weights; (d) is not how the index is built. Fuel carries the least weight but the highest index, at 571.11.

37. On the calendar-year basis in 2025, Rajasthan's wholesale prices rose — Concept
(a) Faster than India's, 1.13 against 0.65 per cent (b) Slower than India's, 0.65 against 1.13 per cent (c) At the same rate as India's (d) Faster than India's, 2.18 against 1.13 per cent
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(a) faster, 1.13 against 0.65 per cent.

Why not the others: (b) reverses them; (d) 2.18 per cent is the state's financial-year change for 2024-25. The two indices have different base years — 1999-2000 for the state and 2011-12 for India — so only their rates of change may be compared, never their levels.

38. Which body prepares and releases the Consumer Price Index for Industrial Workers? — Recall
(a) The Directorate of Economics and Statistics, Rajasthan (b) The Reserve Bank of India (c) The Labour Bureau, Chandigarh (d) The Ministry of Statistics and Programme Implementation
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(c) the Labour Bureau, Chandigarh — the CPI-IW is not a state product.

Why not the others: (a) the Directorate compiles the wholesale price indices for the state and has collected prices weekly since 1957; (b) and (d) have no role stated in the Review for this index.

39. Since when has the Directorate of Economics and Statistics collected wholesale and retail prices of essential commodities? — Recall
(a) 1947 (b) 1957 (c) 1999 (d) 2011
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(b) 1957, weekly, from selected centres across the state.

Why not the others: (c) 1999-2000 is the base year of the state WPI and (d) 2011-12 the base of the all-India WPI, so both are real dates attached to the wrong fact; (a) appears nowhere in this chapter.

40. Among the CPI-IW centres reported for Rajasthan in 2025, which rose least? — Recall
(a) Bhilwara, at 2.62 per cent (b) Alwar, at 2.02 per cent (c) All-India, at 2.75 per cent (d) Jaipur, at 1.88 per cent
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(d) Jaipur, at 1.88 per cent — the widest gap below the national figure.

Why not the others: (a) Bhilwara at 2.62 is the highest of the three state centres; (b) Alwar sits between them; (c) is the all-India figure and not a Rajasthan centre. All three state centres inflated more slowly than the country.


Section G — The Budget and the deficits (Q41–45)

41. In the Budget Estimates for 2025-26, the largest single line of receipts was — Concept
(a) Public debt, at ₹2,33,488.01 crore (b) Tax revenue, at ₹2,28,459.87 crore (c) Union grant, at ₹39,193.30 crore (d) Non-tax revenue, at ₹26,883.32 crore
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(a) public debt, at ₹2,33,488.01 crore, marginally ahead of tax revenue.

Why not the others: (b) tax revenue at ₹2,28,460 crore is very close behind and is the expected answer; (c) and (d) are far smaller. State the fact carefully: public debt receipts are gross borrowing, not net addition to debt, and much of it refinances maturing loans.

42. In the Review's table 16, the fiscal deficit is printed — Concept
(a) With a minus sign, like the revenue deficit (b) As a percentage of GSDP only (c) As a positive number, while the revenue and primary deficits carry a minus sign (d) Only for years with settled Accounts
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(c) — the parent page reproduces the signs exactly as the Review prints them rather than normalising them.

Why not the others: (a) would make the table internally consistent, which it is not; (b) the table is in rupees crore; (d) the table runs to a Budget Estimate.

43. The gap between the fiscal deficit and the primary deficit represents — Concept
(a) Capital expenditure (b) Repayment of principal (c) Grants from the Union (d) Interest payments
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(d) interest payments — the primary deficit is the fiscal deficit minus interest.

Why not the others: (a), (b) and (c) are separate budget items with no place in this identity. On the 2025-26 Budget Estimates the gap between ₹84,644 crore and ₹44,585 crore is about ₹40,000 crore, and the parent page marks that subtraction as arithmetic rather than a published figure.

44. In the Budget Estimates for 2026-27, the fiscal deficit as a proportion of GSDP was — Recall
(a) 3.7 per cent, which is the FRBM ceiling itself (b) 3.69 per cent, held within an FRBM limit of 3.7 per cent (c) 36.8 per cent (d) 2.94 per cent
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(b) 3.69 per cent, against a stated FRBM permitted limit of 3.7 per cent.

Why not the others: (a) confuses the outturn with the ceiling; (c) 36.8 per cent is debt and other liabilities as a share of GSDP, a different parameter in the same statement; (d) appears nowhere. ₹79,492.52 crore on a GSDP of ₹21,52,100 crore is 3.69 per cent, which the Speech states independently.

45. Which pairing of fund and year is correct? — Recall
(a) Consolidated Sinking Fund on-boarded 2025-26; Guarantee Redemption Fund 2024-25 (b) Both on-boarded in 2024-25 (c) Consolidated Sinking Fund on-boarded 2024-25 with ₹2,934 crore invested; Guarantee Redemption Fund on-boarded 2025-26 (d) Both on-boarded in 2026-27
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(c) — the CSF from 2024-25 with ₹2,934 crore invested, and the GRF in 2025-26 against contingent liabilities arising from state guarantees.

Why not the others: (a) swaps the two years, which is the designed error; (b) and (d) collapse two distinct dates. Both are RBI funds and both are named in the Budget Speech.


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