Question
Deficit financing is an instrument of
Answer: Option D
Answer: (d)
In economics, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy.
The two main instruments of fiscal policy are government taxation and expenditure. Deficit financing is defined as financing the budgetary deficit through public loans and the creation of new money.
Deficit financing in India means the expenditure in excess of current revenue and public borrowing.
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Answer: (d)
In economics, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy.
The two main instruments of fiscal policy are government taxation and expenditure. Deficit financing is defined as financing the budgetary deficit through public loans and the creation of new money.
Deficit financing in India means the expenditure in excess of current revenue and public borrowing.
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