Economics · Seventh Five-Year Plan (1985–1990)

What was the main fiscal concern for government finances during the Seventh Five-Year Plan period?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Extremely low levels of public expenditure on infrastructure projects
2Unprecedented surplus in the balance of payments
3Widening gap between revenue and expenditure leading to mounting fiscal deficit✓
4Sharp contraction in the money supply

Correct answer

Widening gap between revenue and expenditure leading to mounting fiscal deficit

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