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Assertion (A): Raising debt is the most common activity of any government.
Economics
Public Finance in India
Question
Updated
19 Aug 2026
Assertion (A): Raising debt is the most common activity of any government. Reasoning (R): Government expenditure generally exceeds government revenue.
A
Choose Your Answer
A
is True but (R) is False.
B
is False but (R) is True.
C
Both (A) and (R) are True and (R) is the correct explanation of (A).
D
Both (A) and (R) are True and (R) is not the correct explanation of (A).
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