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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

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Comments ( 1 )

  1. Vakudavath Nagaraju
    Vakudavath Nagaraju :
    4 years ago

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

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