Indian Polity · Polity
Deficit financing is primarily resorted to by the government to:
- 1Increase the budget allocation for different ministries
- 2Meet the gap between public revenue and public expenditure✓
- 3Increase government expenditure on specific political items
- 4Meet the obligations arising out of the recommendations of the Administrative Reforms Commission
Correct answer
Meet the gap between public revenue and public expenditure
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