Question 27

The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/ are true about the same ?
(A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 20112015 which is the period of the awards of the 13th Finance commission
(B) As per the estimates, the target debt in the terminal year 2014- 15 will be low, than whatever recommended by the 13th Finance Commission.
(C) The paper has recommended that the Govt. should try to generate resources in such a way that it does not have to depend much on debt. The total debt should not be more than —3 rd of the total requirements.

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