Try all ten questions before reading their answers.

21. The AP BE 2026-27 fiscal-deficit-to-GSDP ratio is:

A. 1.11% B. 3.84% C. 12.07% D. 36%

Answer B. The Budget at a Glance gives 3.84%; 1.11% is the revenue-deficit ratio.

22. Which is a stock rather than an annual flow?

A. Revenue deficit B. Tax revenue C. Outstanding public debt D. Capital expenditure

Answer C. Outstanding debt is accumulated borrowing at a point in time.

23. A state budget can show equal total receipts and expenditure while having a fiscal deficit because:

A. Borrowing is included among receipts B. GSDP is zero C. There is no capital expenditure D. Taxes are not counted

Answer A. Borrowed funds help balance cash-flow totals even when non-borrowed receipts fall short.

24. Which AP sectoral group is largest in BE 2026-27?

A. Economic services B. Social services C. General services D. Industry and minerals

Answer B. The sectoral table gives social services ₹1,40,431.05 crore.

25. The 2026-27 broad economic-services allocation is about:

A. ₹89,080 crore B. ₹1,40,431 crore C. ₹1,02,694 crore D. ₹53,190 crore

Answer A. The official sectoral table shows ₹89,080.15 crore.

26. The 2026-27 broad general-services allocation is about:

A. ₹14,303 crore B. ₹34,978 crore C. ₹1,02,694 crore D. ₹18,224 crore

Answer C. The sectoral table gives ₹1,02,694.13 crore.

27. The BE 2026-27 irrigation and flood-control sectoral total is about:

A. ₹18,223.67 crore B. ₹799.67 crore C. ₹53,190.29 crore D. ₹3,161.40 crore

Answer A. The total combines ₹799.67 crore revenue and ₹17,424 crore capital.

28. Why is the irrigation sector's capital share large?

A. All rivers are private B. Major works create long-lived infrastructure C. It has no employees D. It excludes dams

Answer B. Dams, canals and flood-control works require substantial capital expenditure.

29. The BE 2026-27 AP industry-and-minerals sectoral allocation is about:

A. ₹3,161.40 crore B. ₹31,614 crore C. ₹1,25,846 crore D. ₹7,11,094 crore

Answer A. ₹3,161.40 crore is the sectoral budget line; it is not all private industrial investment.

30. Which statement about an investment proposal is correct?

A. It proves a plant is operating B. It equals audited jobs C. It records a possible or intended project stage D. It is a state tax receipt

Answer C. Proposal, approval, construction and operation are separate stages.