Ayushi Asked a Question
September 9, 2020 11:16 ampts 30 pts
Increase in net RBI credit for Central Government represents: 1. Budgetary deficit 2. Monetised deficit 3. Fiscal deficit 4. Revenue deficit
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  • Nidhi taparia Best Answer
    Monetised deficit represents increase in net RBI credit for central government. Budgetary deficit is basically excess of govt expenditure over govt revenue. Fiscal deficit is budg...
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