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 2011-2015 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 lower 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 1/3rd of the total requirements.

Options

A. Only (A)
B. Only (B)
C. Only (A) & (B)
D. Only (B) & (C)

Answer

B