NBC
| Definition | : | Net Borrowing Ceiling |
| Category | : | Governmental » Rules & Regulations |
| Country/Region | : | India  |
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Initialism
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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).
5 more results for NBC
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NBC | National Broadcasting Company | |
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NBC | National Business Center | |
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NBC | National Building Code | |
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NBC | National Bank of Canada | |
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NBC | Namibian Broadcasting Corporation |
Frequently Asked Questions
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?
Translation
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