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Asked a question 2 years ago

What is deficit financing?

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Deficit  financing implies producing assets to back the shortage which results from abundance of use over income. The hole being secured by obtaining from general society by the offer of securities or by printing new cash.

 

Why we need deficiency financing

 

For creating nations like India, higher monetary development is a need. A higher financial development requires accounts. With the private area being short of making enormous consumption, the duty of drawing money related assets lays on the administration