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Indian Economy Questions and Answers for Competitive Exams

Q.

In estimating the budgetary deficit, the official approach in India is to exclude

[A] Long term borrowing from the market
[B] Borrowings from the Reserve Bank of India
[C] Drawing down of the cash balance
[D] Borrowing from Reserve Bank in the form of ways and means advance

Answer & Explanation

Answer: Option [C]

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