Question

Deficit financing means that the government borrows money from the
A.RBI
B.local bodies
C.big businessmen
D.IMF

Answer 1

ĀNSWĒR ⏬⏬

A. RBI

The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 

THANKS ✌✌

Answer 2

$\huge{\bold{Question :}}$

Deficit financing means that the government borrows money from the
A.RBI
B.local bodies
C.big businessmen
D.IMF

$\huge{\bold{Answer :}}$

The Answer is RBI.

The Full form of RBI is Reserve Bank of India.

What is Deficit Financing ?

When the expenditure is higher than the revenue, then this budgetary situation is known as Deficit Financing .