[amp_mcq option1=”Expenditure exceeds revenue” option2=”The state is achieving fiscal surplus” option3=”Tax collection is efficient” option4=”Public debt is under control” correct=”option1″]<\/p>\n
The correct answer is: a) Expenditure exceeds revenue.<\/p>\n
Deficit financing is a situation in which a government spends more money than it receives in revenue. This can be done by borrowing money, printing money, or using other means. Deficit financing can be used to stimulate the economy, finance government programs, or pay off debt.<\/p>\n
In Assam’s budgets, deficit financing has been used to finance a number of programs, including infrastructure development, education, and healthcare. Deficit financing has also been used to pay off debt.<\/p>\n
Deficit financing can be a risky strategy, as it can lead to higher levels of debt and inflation. However, it can also be a necessary tool for governments to use to stimulate the economy and finance important programs.<\/p>\n
Here is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”Expenditure exceeds revenue” option2=”The state is achieving fiscal surplus” option3=”Tax collection is efficient” option4=”Public debt is under control” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[975],"tags":[],"class_list":["post-66222","post","type-post","status-publish","format-standard","hentry","category-assam-state-gk-mcq","no-featured-image-padding"],"yoast_head":"\n