1.

Match List -- I with List -- II and selectthe correct answer from the codes given below:List -- I (Concepts) a. Capital expenditure b. Revenue expenditure c. Gross Fiscal deficit d. Monetary deficit List -- II(Explanations)1. Expenditure towards normal running of Government2. Expenditure for creating concrete assets of a material character.3. Increase in the net credit by Reserve Bank of India to Central Government4. Resources gap in terms of excess of total Government expenditure over revenue receipts and grants. Codes: a b c d

A. 1 2 4 3
B. 2 1 4 3
C. 2 3 4 1
D. 3 1 2 4
Answer» C. 2 3 4 1


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