RAS question
What is the GSDP of Rajasthan at current prices for 2024-25 (Advance Estimate)?
Correct answer: (C) ₹17.04 lakh crore.
Rajasthan's GSDP at current prices for 2024-25, as per the Advance Estimate, is expected to be Rs 17.04 lakh crore.
Explanation
Rajasthan's Economic Review 2024-25 gives the current-price GSDP estimate for 2024-25 as Rs 17.04 lakh crore. The Advance Estimate figure is the relevant number for 2024-25 at current prices. The 2023-24 current-price GSDP figure is Rs 15.22 lakh crore, so Rs 15.22 lakh crore belongs to the previous year rather than 2024-25. Since current prices include the value of output measured at that year's prices, the exam is testing the headline nominal GSDP figure, not constant-price real output or any rounded projection beyond the review.
Why the other options are wrong
- (A) Rs 15.22 lakh crore is the 2023-24 current-price GSDP figure, so it answers the previous year rather than the 2024-25 Advance Estimate.
- (B) Rs 13.56 lakh crore belongs to 2022-23, not the 2024-25 Advance Estimate at current prices.
- (D) Rs 19.00 lakh crore is not supported by the Economic Review figure; the 2024-25 current-price GSDP is Rs 17.04 lakh crore.
Concept
This tests Rajasthan economy data under state income aggregates, especially GSDP at current prices. It recurs in RAS because budget and economic review headline numbers are frequently used to frame factual economy questions.