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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. Industrial Development Bank of India (IDBI) established in

  • 1964
  • 1965
  • 1966
  • 1967

2. The best indicator of economic development of any country is ?

  • Its agriculture
  • Its transport
  • Its gross production
  • Its per capita income

3. Who is known as father of economics ?

  • Adam Smith
  • Max Muller
  • Joy Chaterjee
  • Amritya Sen

4. Which five year plan focused on "Growth with social justice and equity".

  • Ninth Five Year Plan
  • Eight Five Year Plan
  • Seventh Five Year Plan
  • Sixth Five Year Plan

5. In India, Inflation measured by the :

  • National Income Deflation
  • Wholesale Price Index number
  • Consumer Price Index
  • None of above
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