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महाराष्ट्र राज्य शिक्षण मंडळएस.एस.सी (इंग्रजी माध्यम) इयत्ता १० वी

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प्रश्न

What is meant by ‘Deficit Financing’?

उत्तर

Deficit financing means financing the budgetary deficit through public loans and creation of new money. It is the expenditure which is in excess of current revenue and public borrowing. The government may cover the deficit by running down its accumulated cash reserve from the Reserve Bank of India (RBI), borrow from RBI and RBI provides loans by printing more currency, and the government itself issues new currency.

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Causes of Inflation
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2015-2016 (March)

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