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Economics › Budget, Fiscal Policy
In India, deficit financing is used for raising resources for
(a)
economic development
(b)
redemption of public debt
(c)
adjusting the balance of payments
(d)
reducing the foreign debt
(A)
Which of the following constitute Capital Account? 1. Foreign Loans 2. Foreign Direct Investment 3. Private Remittances 4. Portfolio Investment Select the correct answer using the codes given below.
1, 2 and 3
1, 2 and 4
2, 3 and 4
1, 3 and 4
(B)