Economics · Public Finance
With reference to Extra Budgetary Resources (EBR), consider the following statements: I. EBRs are those financial liabilities that are raised by public sector undertakings for which repayment of the entire principal and interest is done from the Central Government Budget. II. EBRs are not taken into account while calculating the Fiscal Deficit under traditional metrics. III. This method of raising capital has been completely discontinued since 2016. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2III only
- 3I and II only✓
- 4I only
Correct answer
I and II only
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