Economy : Public Finance-Borrowing, Deficits & Debt
Q 6 / 14
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
A
Diversion of resources to the purchase of real estate and investment in luxury housing
B
Investment in unproductive activities and purchase of precious stones jewellery gold etc.
C
Large donations to political parties and growth of regionalism
D
Loss of revenue to the State Exchequer due to tax evasion