Monetised deficit means
A. Fiscal deficit less interest payments
B. Government expenditure which is financed through the sale of adhoc treasury bills.
C. Increase in RBI credit to Central Government.
D. Fiscal deficit less loans and advances.
Answer:C
Monetised deficit means
A. Fiscal deficit less interest payments B. Government expenditure which is financed through the sale of adhoc treasury bills. C. Increase in RBI credit to Central Government. D. Fiscal deficit less loans and advances.