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Consider the following statements related to the effects of deficit financing: A. Deficit financing, decreases real wage rate in the economy. B. It causes current account surplus. C. It leads to appreciation of domestic currency. D. It creates deflationary situation in the economy. Which of the statements given above are correct?
Correct Answer: (a)
Official keyThis question appeared in the KPSC Prelims 2024 examination (GS). It is Question 36 out of 200 questions in this paper.
This question was part of the KPSC Prelims 2024 (GS). The KPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all KPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.