30 Mar 21 MONETIZATION OF DEFICIT (Economic Times, The Hindu-GS-3)
➢ If the expenditure of the government exceeds its income, the government is said to have incurred a fiscal deficit. This deficit financing has to be done either by borrowing...
➢ If the expenditure of the government exceeds its income, the government is said to have incurred a fiscal deficit. This deficit financing has to be done either by borrowing...