In India, deficit financing is used for raising resources for
Options
(a)economic development
(b)redemption of public debt
(c)adjusting the balance of payments
(d)reducing the foreign debt
The full breakdown is part of the paid archive
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Class 12Government Budget and the Economy— NCERT Economics, Chapter 5. The government budget — the Annual Financial Statement required by Article 112 — lists estimated receipts and expenditure for the financial year (1 April–31 March). It…
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