Indian Economy
When personal direct taxes are subtracted from personal income the obtained value is called:

Gross National Product (GNP)
National Income
Personal Income
Gross Domestic Product (GDP)

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Indian Economy
Deficit financing implies

public expenditure in excess of public revenue
public revenue in excess of public expenditure
none of the listed here
printing new currency notes

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

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

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