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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. Gross domestic capital formation is defined as

  • flow of expenditure devoted to increased or maintaining of the capital stock
  • expenditure incurred on physical assets only
  • production exceeding demand
  • net addition to stock after depreciation

Answer: Option D

2. National Rural Development Institute is situated at ?

  • Delhi
  • Shimla
  • Hyderabad
  • Mumbai

Answer: Option C

3. In India, Inflation measured by the :

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

Answer: Option C

4. The head quarters of world trade organisation is in

  • Montreal
  • Geneva
  • New jersey
  • Seatle

Answer: Option B

5. National Rural Employment Guarantee Programme started in ?

  • 2005
  • 2006
  • 2007
  • 2008

Answer: Option B

Explanation:

It started on 2nd Feb, 2006.
Govt. of India renamed it to Mahatma Gandhi National Rural Employment Guarantee Act(MNERGA) on 2nd October, 2009.

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