Ayushi posted an Question
September 10, 2020 • 05:14 am 30 points
  • UGC NET
  • Economics

Increase in net rbi credit for central government represents: 1. budgetary deficit 2. monetised deficit 3. fiscal deficit 4. revenue deficit

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

    The correct answer is 2. Monetised Deficit. The Monetised Deficit is the extent to which the RBI helps the central government in its borrowing programme. In other words, monetised deficit means the increase in the net RBI credit to the central government, such that the monetary needs of the government could be met easily.

  • Rucha rajesh shingvekar best-answer

    The Monetised Deficit is the extent to which the RBI helps the central government in its borrowing programme. In other words, monetised deficit means the increase in the net RBI credit to the central government, such that the monetary needs of the government could be met easily.

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