Economics · Deficit Financing
In India, deficit financing is primarily used for raising resources for:
- 1Economic development✓
- 2Redemption of public debt
- 3Adjusting the balance of payments
- 4Reducing the foreign debt
Correct answer
Economic development
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Deficit Financing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Deficit Financing