Budget and Its Types · UPSC CDS/OTA · Question 19 of 30

Budget and Its Types – Question 19

Step-by-step solution. Budget and Its Types for UPSC CDS/OTA.

Topic
Budget and Its Types
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · Budget and Its TypesMedium · 45s

Which of the following is a common method of Deficit Financing in India?

TopicBudget and Its Types
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Deficit Financing in India primarily means the government borrows from the Reserve Bank of India (RBI), which leads to the creation of new money. This is called monetisation of the deficit. It is a key tool when government expenditure exceeds revenue.

Final Answer: Option C — Borrowing from the Reserve Bank of India
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Budget and Its Types Question 19 – UPSC CDS/OTA