Revenue deficit

Primary deficit

Monetized deficit

None of the above

Low level of Government borrowing

Low rate of interest

Large repayment of Government debt

Large market borrowing by the Government

It is conducted by Commercial Banks

It increases availability of foreign exchange

In a Repo operation object is to regulate credit flow

In a Repo operation, object is to control liquidity in the financial system

(a) Unlimited deficit financing

(b) Preparing the budget neglecting history of expenditure

Both (A) and (B)

None of the above

R. A. Musgrave

H. Dalton

F. Shirras

J. K. Mehta