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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. Pradhan Mantri Gramodaya Yojana started in ?

  • 1999
  • 2000
  • 2001
  • 2002

Answer: Option B

Explanation:

It was started to fulfil the basic requirements of rural areas.

2. 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

3. 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.

4. National Rural Development Institute is situated at ?

  • Delhi
  • Shimla
  • Hyderabad
  • Mumbai

Answer: Option C

5. Debenture holders of a company are its ?

  • Directors
  • Shareholders
  • Debitors
  • Creditors

Answer: Option D

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