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Q. |
Fiscal deficit in the Union Budget means: [IAS 1994] |
A. | the difference between current expenditure and current revenue |
B. | net increase in Union Government's borrowings from the Reserve Bank of India |
C. | the sum of budgetary deficit and net increase in internal and external borrowings |
D. | the sum of monetised deficit and budgetary deficit |
Answer» C. the sum of budgetary deficit and net increase in internal and external borrowings |
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