MCQOPTIONS
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MCQOPTIONS
| 1. |
Fiscal deficit in the Union Budget means ____________ |
| A. | the sum of monetised deficit and bdgetary deficit |
| B. | the difference between current expenditure and current revenue |
| C. | the sum of budgetary deficit and net increase in internal and external borrowings |
| D. | net increase in Union Government's borrowings from the Reserve Bank of/India |
| Answer» D. net increase in Union Government's borrowings from the Reserve Bank of/India | |