In estimating the budgetary deficit, the official approach in India is – McqOptions

MCQOPTIONS

1.	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» D. borrowing from Reserve Bank in the form of ways and means advance

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