UP Police SI Exam 13 Dec 2017 Shift 2 Solved Paper

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Question : 73 of 160
 
Marks: +1, -0
Which one of the following is true about the borrowing power of the state?
1. It cannot borrow from outside India.
2. Subject to specific conditions, the State shall have the right to borrow from the territory of India itself, against the security of the revenue of the State.
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