The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same? (A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance commission (B) As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. (C) The paper has recommended that the Govt. should try to generate resources in such a way that. It does not have to depend much on debt. The total debt should not be more than 1/3rd of the total requirements.

The ministry of Finance recently released a comprehensive paper on Gov

1.	The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same? (A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance commission (B) As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. (C) The paper has recommended that the Govt. should try to generate resources in such a way that. It does not have to depend much on debt. The total debt should not be more than 1/3rd of the total requirements.
Answer» Only (A) Only (B) Only (A) & (B) Only (B) & (C) ANSWER :B