The largest source of financing the public sector outlay of the Eighth Five Year Plan comes from:
The largest source of financing the public sector outlay of the Eighth Five Year Plan comes from:
(a) balance from current revenue
(b) contribution of public enterprises
(c) government borrowings
(d) deficit financing
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(d) Under Deficit financing, the government spends more money than it collects as revenue, the difference being made up by borrowing from the Reserve Bank of India by issue of Promissory notes.
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