The proceeds of the India Resurgence Bond with NRI?s as a
major contributor is used for
(a) returning loans taken from World Bank and IMF
(b) strengthening Foreign Exchange reserves
(c) investment in infrastructure sector
(d) Meeting Defence expenditure
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India is set to have a revised or new series of the Index of Wholesale Price (WPI) very soon, as the base year will now be (1) 1990-91 (2) 1985-86 (3) 1989-90 (4) 1993-94 (5) None of these
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