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In estimating the budgetary deficit, the official approach
in India is to exclude

(a) Long term borrowings from the market

(b) Borrowings from the Reserve Bank of India

(c) Drawing down of the cash balance

(d) Borrowings from Reserve Bank in the form of ways and
means advance

Answer Posted / mukherzee

( d ) Borrowings from Reserve Bank in the form of ways and
means advance

Is This Answer Correct ?    7 Yes 2 No



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