Try all ten questions before reading their answers.

1. Which series is the better starting point for real GSDP growth?

A. Current-price GSDP B. Constant-price GSDP C. Revenue receipts D. Public debt

Answer B. Constant-price output removes the price effect by using a fixed price base.

2. A fish processing plant belongs mainly to which sector?

A. Primary B. Secondary C. Tertiary D. Public finance

Answer B. Processing transforms the raw fish into another product.

3. Marine fishing itself belongs mainly to which sector?

A. Primary B. Secondary C. Tertiary D. Financial

Answer A. Fishing obtains a natural resource and is a primary activity.

4. Freight carrying processed fish to a port is mainly:

A. Primary activity B. Manufacturing C. Service activity D. Mining

Answer C. Transport is a tertiary or service activity.

5. What does GVA subtract from gross output?

A. Population B. Intermediate inputs C. Public debt D. Exports

Answer B. GVA measures the value added by producers after intermediate consumption.

6. The 2026-27 AP budget's projected GSDP is about:

A. ₹19.75 lakh crore B. ₹1.97 lakh crore C. ₹75,868 crore D. ₹3.32 lakh crore

Answer A. The Budget at a Glance gives BE 2026-27 GSDP as ₹19,75,073 crore.

7. A Budget Estimate is best described as:

A. An audited result B. A proposed financial-year estimate C. A census count D. A final payment certificate

Answer B. BE is a plan presented for the financial year; accounts record actual transactions.

8. Which is the AP BE 2026-27 total expenditure in the official brief?

A. ₹2,34,140.14 crore B. ₹3,32,205.33 crore C. ₹75,868.09 crore D. ₹48,697.71 crore

Answer B. The Budget at a Glance totals receipts and expenditure at ₹3,32,205.33 crore.

9. Which is the largest of the four AP BE 2026-27 revenue-receipt components?

A. Non-tax revenue B. State tax revenue C. Grants-in-aid D. Central tax share

Answer B. State taxes are estimated at ₹1,25,845.78 crore, larger than each other listed component.

10. Which amount is the AP BE 2026-27 revenue-receipts total?

A. ₹2,34,140.14 crore B. ₹98,065.20 crore C. ₹2,56,142.64 crore D. ₹3,32,205.33 crore

Answer A. The first two figures are revenue and capital receipts respectively.