The correct answer is: A. Rs. 4,87,628 crores
The Gross State Domestic Product (GSDP) is the total value of all goods and services produced in a state in a given year. It is calculated at market prices, which means that it includes the value of all intermediate goods and services used in the production process.
The GSDP of Bihar at current prices in the year 2017 – 18 was Rs. 4,87,628 crores. This is an increase of 12.4% from the previous year. The growth in the GSDP was mainly due to the growth in the agriculture and allied sectors, which grew by 14.2%. The industry sector also grew by 10.2%, while the services sector grew by 10.9%.
The growth in the GSDP is a positive sign for the state of Bihar. It indicates that the state is on the path of economic development. However, there are still some challenges that need to be addressed in order to sustain the growth. These challenges include the need to improve infrastructure, the need to improve education and healthcare, and the need to improve the law and order situation.
The following are the brief explanations of each option:
- Option A: Rs. 4,87,628 crores. This is the correct answer.
- Option B: Rs. 3,61,504 crores. This is the GSDP of Bihar at current prices in the year 2016 – 17.
- Option C: Rs. 1,50,036 crores. This is the GSDP of Bihar at current prices in the year 2015 – 16.
- Option D: Rs. 5,63,424 crores. This is the GSDP of Bihar at current prices in the year 2018 – 19.
- Option E: None of the above. This is not the correct answer.