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Which country has approved ‘Debt Ceiling Deal’ to raise the government’s borrowing limit?
  • a)
    India
  • b)
    Sri Lanka
  • c)
    USA
  • d)
    Afghanistan
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which country has approved ‘Debt Ceiling Deal’ to raise th...
The US Congress has approved the debt ceiling deal to raise the government’s borrowing limit and thwarting a potentially catastrophic default on US debt repayments.
It will allow the federal government to borrow money until after the next presidential election in November 2024. The agreement keeps non-defence spending flat next year, with a 1% rise in 2025.
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Which country has approved ‘Debt Ceiling Deal’ to raise the government’s borrowing limit?a)Indiab)Sri Lankac)USAd)AfghanistanCorrect answer is option 'C'. Can you explain this answer?
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