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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

Answer: Option C

Similar Questions :

1. On which position India is, if we talk about production of vegetables ?

  • First
  • Second
  • Third
  • Fourth

Answer: Option B

Explanation:

On First it is China.

2. Industrial Finance Corporation of India (IFCI) was established in :

  • 1946
  • 1947
  • 1948
  • 1949

Answer: Option C

Explanation:

Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.

3. Imperial Bank of India was old name of ?

  • State Bank of India
  • United Bank of India
  • Central Bank of India
  • Punjab National Bank

Answer: Option A

4. The mineral in which India depends largely on imports is

  • Iron Ore
  • Bauxite
  • Mica
  • Mercury

Answer: Option D

5. National Rural Employment Programme started in ?

  • 1979
  • 1980
  • 1981
  • 1982

Answer: Option B

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