Sawaal
1
Q:

Deficit financing implies

A) replacing new currency with worn out currency B) public revenue in excess of public expenditure
C) printing new currency notes D) public expenditure in excess of public revenue

Answer:   D) public expenditure in excess of public revenue



Explanation:

Deficit financing implies public expenditure in excess of public revenue.

Subject: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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