1. Primary deficit |
2. Secondary deficit |
3. Regulatory deficit |
4. Monetised deficit |
A) 1 only
B) 1 and 2
C) 3 only
D) 4 only
Correct Answer: D
Solution :
Monetised deficit was adopted by India in 1997-98. It refers to that part of deficit for which the government borrows from the RBI. To meet the government?s such requirements, the RBI prints fresh currency, as a result of which the economy gets monetizedYou need to login to perform this action.
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