Indian Economy
The Indian state which was the first to release state level Human Development Report in 1995 was:

Maharashtra
Kerala
Tamil Nadu
Madhya Pradesh

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Indian Economy
In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines

to lend more easily for industrial development
to setup more foreign exchange banks
to reduce the freedom given to banks to rationalize their existing branch network
to govern entry of new private sector banks to make the banking sector more competitive

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Indian Economy
The budget deficit means

difference between all receipts and all the expenditure
difference between revenue receipts and revenue expenditure
the excess of total expenditure, including loans, net of lending over revenue receipts
fiscal deficit less interest payments

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