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Q.

S & P has down graded India's grading due to the uncontrolled fiscal deficit. Who Is responsible for this down grading - The Prime Minister or the Finance Minister?

Tags: india, money, finance
Asked by sridhar santhanam, 25 Apr '12 01:24 pm
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Answers (3)

1.

The Finance Minister of India
Answered by rajan, 25 Apr '12 02:26 pm

 
  
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2.

If I say people of India, I won't be wrong. Every person understanding economics understands that there has to be income and expenses. One would not allow the income to increase by electing people like Mamta Bannerjee and look for increase in expense by electing people like Sonia Gandhi and then we wonder - Why is there fiscal deficit. MMS is a world recognized economist, but he has his limitations.
Answered by manish varma, 25 Apr '12 01:34 pm

 
  
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3.

Both
Answered by HEMANT MEHTA, 25 Apr '12 01:25 pm

 
  
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