Civil Services TNPSC Group 1 (New Syllabus) Mock Test 2025 General Knowledge Economy Money and Banking
Which among the following statement is correct, with reference to the term 'Twin Deficit'?
1
Revenue deficit accompanied with Fiscal Deficit.
2
Occurrence of Current Account Deficit and Fiscal Deficit together.
3
Simultaneous Current Account Deficit and Capital Account Deficit.
4
Simultaneous rise in the Non-Performing Assets of banks and debt burden of the corporates.
5
Answer Not Known