UPSC 2001 › Indian Economy › Fiscal Policy & Budget

Consider the following: I. Market borrowing II. Treasury bills

III. Special securities issued to RBI

Which of these is/are component(s) of internal debt?

Match List I with List II

and select the correct answer using the codes given below the Lists:

List I (Term) I. Fiscal deficit II. Budget deficit III. Revenue deficit IV. Primary deficit

List II (Explanation) A) Excess of Total Expenditure over Total Receipts B) Excess of Revenue Expenditure over Revenue Receipts C) Excess of Total Expenditure over Total Receipts less borrowings D) Excess of Total Expenditure over Total Receipts less borrowings and Interest Payments

The Union Budget, 2000 awarded a Tax Holiday for the North-eastern Region to promote industrialisation for