Deficit financing means that the government borrows money from the

Home / General Knowledge / Indian Economy / Question
Examveda
Examveda

Deficit financing means that the government borrows money from the

A. RBI

B. local bodies

C. big businessmen

D. IMF

Answer: Option A

Solution (By Examveda Team)

Deficit financing means that the government borrows money from the RBI.

This Question Belongs to General Knowledge >> Indian Economy

Join The Discussion

Comments (1)

  1. Vakudavath Nagaraju
    Vakudavath Nagaraju:
    6 years ago

    What about imf?? To meet fiscal deficit, india can borrow from imf also, that is also called deficit financing. Please correct it

Related Questions on Indian Economy
  View Answer
  View Answer
  View Answer
  View Answer

Read More: MCQ Type Questions and Answers