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Q55 (CAPF/2015) Economy › Government Finance & Budget › Government Finance & Budget

Which one of the fol lowing statements with regard to the Union Budget of India for the year 2015-2016 is NOT correct ?

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SIMILAR QUESTIONS

IAS · 2024 · Q85 Relevance score: 0.45

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IAS · 2002 · Q87 Relevance score: -0.31

With reference to the Indian Public Finance consider the following statements: 1. External liabilities reported in Union Budget are based on historical exchange rates 2. The continued high borrowing has kept the real interest rates high in the economy 3. The upward trend in the ratio of Fiscal Deficit to GDP in recent years has an adverse effect to private investments. 4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government. Which of these statements are correct ?