2. Solved Papers
  3. Railways

Railways R.R.C. (Mumbai) Solved Paper Held on 2-11-2014 - II

  • question_answer
    Excess of public expenditure over public revenue leads to?

    A) Deficit Financing

    B) Capital Formation

    C) Tax Reduction   

    D) Surplus Creation

    Correct Answer: A

    Solution :

    Deficit financing is the expenditures in excess of public revenues, made possible typically by borrowing.


You need to login to perform this action.
You will be redirected in 3 sec spinner