Question

Kerala's economy is highly dependent on which of the following for its fiscal stability?

• A. Remittances from Non-Resident Keralites.
• B. Grants and financial assistance from the Central Government.
• C. Revenue generated from the tourism sector.
• D. State's own tax and non-tax revenues.

Answer 1

Answer:

D. State's own tax and non-tax revenues.

• A significant portion of the Kerala government's budget is funded through its own revenue generation, including taxes (SGST, excise) and non-tax sources like fees and royalties.