Indian Economy
Excess of Total Expenditure over total Receipts is

Balanced Budget
Surplus Budget
None of the listed here
Deficit Budget

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Indian Economy
Gross domestic capital formation is defined as

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

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Indian Economy
Deficit financing leads to inflation in general, but it can be checked if

all the expenditure is denoted national debt payment only
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
only aggregate demand is increased
All of the listed here

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