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Deficit financing means that the government borrows money from the ?

  • Revenue Department
  • World Bank
  • RBI
  • None of above

Answer: Option C

Similar Questions :

1. National Rural Development Institute is situated at ?

  • Delhi
  • Shimla
  • Hyderabad
  • Mumbai

Answer: Option C

2. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

3. When community development programme (CDP) started ?

  • 1952
  • 1953
  • 1954
  • 1955

Answer: Option A

4. India is largest producer of Sponge Iron in the world ?

  • True
  • False

Answer: Option A

Explanation:

When ever there is question of True and False, most of times its answer is True, why so? :)

5. When was new rupee symbol was selected by Union Cabinet ?

  • July 10, 2010
  • July 15, 2010
  • July 10, 2011
  • July 15, 2011

Answer: Option B

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