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Deficit financing implies :

  • printing new currency notes
  • public revenue in excess of public expenditure
  • public expenditure in excess of public revenue
  • replacing new currency with worn out currency
Similar Questions :

1. Contribution of agriculture to Gross National Product is approximately ?

  • 14%
  • 15%
  • 16.5%
  • 17.5%

2. India holds the third position in production of Sugar cane.

  • True
  • False

3. Which industry is the largest ?

  • Handloom
  • Sports
  • Music
  • Textile

4. Deficit financing implies :

  • printing new currency notes
  • public revenue in excess of public expenditure
  • public expenditure in excess of public revenue
  • replacing new currency with worn out currency

5. Which is the most important source of income for Government of India ?

  • Interest
  • Licence fee
  • Income tax
  • Excise duty
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