Banking General Awareness Industry, Trade and International Organisation Question Bank Industry, Trade and International Organisation

  • question_answer
    Which of the following is/are included in 'Deficit Financing' in India?
    I. Borrowing from the Reserve Bank of India.
    II. Issue of new currency notes.
    III. Withdrawal of past balances/surpluses etc.
    Select the correct answer using the codes given below

    A)  Only I            

    B)  Only II

    C)  Only III          

    D)  All of these

    E)  None of these

    Correct Answer: B


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