Question
āEscape clauseā refers to the situation under which
the central government can flexibly follow fiscal deficit targets during special circumstances. This terminology was innovated by which Committee in context to Governance in India?Solution
This terminology was innovated by the NK Singh Committee on FRBM.
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Ā If the simple interest for 5 years is equal to 20% of the principal, then the interest will be equal to the principal after ________ years.
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