Indian Economy
As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

7.8% in 2011-12
8.0% in 2011-12
8.5% in 2011-12
8.2% in 2011-12

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Indian Economy
If the RBI adopted an expansionist open market operations policy, this means that it will

openly announce to the market that it intends to expand credit
offer commercial banks more credit in the open market
buy securities from non-government holders
sell securities in the open market

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Indian Economy
Gross domestic capital formation is defined as

expenditure incurred on physical assets only
production exceeding demand
flow of expenditure devoted to increased or maintaining of the capital stock
net addition to stock after depreciation

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