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. Deficit financing means that the government borrows money from
(1) The local bodies
(2) The Reserve Bank
(3) The neighbouring countries
(4) All the above
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Answer Posted / chaitrali katkar
Deficit Financing means increasing the amount of money in
circulation at a given time by printing and pumping in more
paper currency by the Government of a country.
| Is This Answer Correct ? | 9 Yes | 4 No |
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