Question

12th economics question paper​

Answer 1

Explanation:

SECTION - A

(Macro-economics)

1. _______ deficit includes interest payment by the Government on the past loans. (Fill up the blanks with correct answer).

2. To reduce credit availability in the economy, the Central Bank may ______.

(Choose the correct alternative)

(a) buy securities in the open market.

(b) sell securities in the open market.

(c) reduce reserve ratio.