(d) Under Deficit financing, the government spends more money than it collects as revenue, the difference being made up by borrowing from the Reserve Bank of India by issue of...
(a) Eighth Five Year Plan (1992-97) had a bigger outlay with energy being given 26.6% of total outlay to a cheque a targeted growth rate of 6.78% per annum.
(i) Decentralization: When power is taken from central and state governments and is given to local government, it is called decentralization. The constitution was amended in 1992 to make the...
The Constitution was amended in 1992 to make the third tier of democracy more powerful and effective.
(i) Now it is mandatory to hold regular elections to local government bodies....
(b) The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 1997 was awarded jointly to Robert C. Merton and Myron S. Scholes “for a new method...