Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy

State Governments in India finance their Gross fiscal deficit by

I. Loans from the Central Government.

II. Market Borrowings.

III. External Borrowings.

Select the correct answer from the codes given below :  

1
I and II 
2
II and III
3
II only
4
I only
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