Deficit Financing Means that the Government Borrows Money from the

  1. RBI
  2. World Bank
  3. Stock market
  4. IMF
Monis Rasool Professor Asked on 12th June 2015 in Economics.
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    RBI

    Deficit financing is used commonly in other countries. In India deficit financing mark to the excess of total disbursements over total income. The Government of India generally meets its deficit by sale of treasury bills to Reserve Bank of India and Decrease in its cash balances.

    Monis Rasool Professor Answered on 14th June 2015.
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