As per Economic Survey 2017 18 Indian econmy is on a path towards robust recovery Which of the...........

Economic Affairs Growth and Indicators

As per Economic Survey 2017-18, Indian econmy is on a path towards robust recovery. Which of the following factors have contributed to this?

Real non-food credit growth has rebounded
Flow of nonbank resources to the corporate sector, such as bond market borrowing and lending by NBFCs, has decreased.
The re-acceleration of export growth
The cash-to-GDP ratio has stabilized
Overall revenue expenditure growth by the central and state governments

all of the above.

1,3,4,5

1,2,3,4

3 & 4 only

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Explanation:

statement 2 is wrong. correct statement is- the flow of nonbank resources to the corporate sector, such as bond market borrowing and lending by NBFCs, has increased by 43 percent (April-December 2017 compared to the same period a year ago), substituting in part for weak bank credit.