In the context of Bihar's revenue receipts for FY 2024-25, which of the following statements accurately highlights the structural composition of central transfers?

Options:

  • A: Grants-in-aid from the Centre exceed the State's share of central taxes.
  • B: The State's share of central taxes (devolution) is more than double the amount received as Grants-in-aid from the Centre.
  • C: Bihar receives no Grants-in-aid due to its high GSDP growth rate.
  • D: Central transfers have declined to less than 30% of Bihar's total revenue receipts.

Related Practice Questions: