Twin deficit basically refers to ........

Indian Economic System(PCS) Budgeting and Fiscal policy

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Twin deficit basically refers to

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PCS Previous year General Studies paper (2013)

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Lack of investor confidence and high fiscal deficit

Lack of positive credit rating and high fiscal deficit

Situation of huge outflow of FIIs and rising fiscal deficit

Situation of large current account and fiscal deficit

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Explanation:

The twin deficit, or double deficit, occurs when a nation has both a current account deficit and a budget deficit. This means the country's economy is importing more than it is exporting, and the country's government is spending more money than it is generating