NBC

Definition : Net Borrowing Ceiling
Category : Governmental » Rules & Regulations
Country/Region : India India
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Initialism

What does NBC mean?

Net Borrowing Ceiling (NBC) is a limit set by the central government of India on the total amount that each state can borrow from all sources in a financial year. It is to ensure fiscal discipline and prevent states from taking on excessive debt.
NBC is expressed as a percentage of the state's Gross State Domestic Product (GSDP).

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Frequently Asked Questions (FAQ)

What is the full form of NBC in Governmental (India)?

The full form of NBC is Net Borrowing Ceiling

What are the full forms of NBC in Governmental?

National Business Center | National Building Code | Net Borrowing Ceiling

What are the full forms of NBC in India?

National Building Code | Net Borrowing Ceiling

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