Micro & Macroeconomics

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71. The term “deficit financing” refers to:
a) Borrowing money from foreign countries to fund government expenditure
b) Printing more currency notes to finance government spending
c) Selling government bonds to raise funds for infrastructure projects
d) Reducing government expenditure to balance the budget

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72. The term “inclusive growth” refers to:
a) Economic growth that benefits all sections of society
b) Economic growth that focuses on urban areas only
c) Economic growth achieved through import substitution
d) Economic growth achieved through large-scale industrialization

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73. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) guarantees:
a) Free healthcare for rural households
b) 100 days of employment per year for rural households
c) Subsidized food grains for rural households
d) Financial assistance for agricultural development

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74. The term “disinvestment” refers to:
a) The process of selling government-owned companies to private investors
b) The process of investing in foreign companies to diversify the economy
c) The process of reducing government expenditure on social welfare programs
d) The process of increasing government control over key industries

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75. The term “informal sector” refers to:
a) Economic activities that are not regulated by the government
b) Economic activities that are only found in rural areas
c) Economic activities that are dependent on foreign investments
d) Economic activities that are dominated by multinational corporations

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