Multiple Choice Questions on Since the introduction of Ways and Means Advances mechanism by the Union Government vis a vis the RB........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Since the introduction of Ways and Means Advances mechanism by the Union Government vis a vis the RB...........

Economic Affairs Public Finance and Debt Management
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    Since the introduction of Ways and Means Advances mechanism by the Union Government vis-a-vis the RBI one of the following has become redundant

    Monetized deficit

    Incorrect Answer

    Revenue deficit

    Incorrect Answer

    Budgetary deficit

    Correct Answer

    Primary deficit

    Incorrect Answer
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    Explanation:

    Since the introduction of Ways and Means Advances mechanism by the Union Government vis-a-vis the RBI one of the following has become redundant budgetary deficit. 

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