NIFT UG 2017 Question Paper with solutions
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Question : 87 of 150
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Assertion (A): Fiscal deficit is greater than budgetary deficit.
Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the government to meet its expenditure.
Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the government to meet its expenditure.
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