RAS Prelims Exam 2023
- Gross Fiscal Deficit: Gross fiscal deficit reflects the net liabilities of the government.
- Gross Fiscal Deficit = Net Domestic Borrowing + Borrowing from RBI+ Foreign Borrowing
- Public & Private Goods: Public goods mean goods which are created by the government. Cars are private goods while government administration, roads and government security are public goods.
- Inflation: This inflation is based on the consumer price index, which includes food items and fuels.
- Core Inflation: This inflation is based on the Consumer Price Index, excluding food and fuel.
- Policies of Government: Selective credit control includes changes in credit limits, credit rationing and moral suasion.
- Selling government securities comes ....
