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There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?1. Reducing revenue expenditure2. Introducing new welfare schemes3. Rationalizing subsidies4. Expanding in ?->(Show Answer!)
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1. There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?1. Reducing revenue expenditure2. Introducing new welfare schemes3. Rationalizing subsidies4. Expanding industriesSelect the correct answer using the code given below.





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