Economy, asked by empiresakib, 10 months ago

Which of the following is not concerned with banking organization?
Option A
a) Bank rate
Option B
b) Fiscal deficit
Option C
c) Credit creation
Option D
d) Cash reserve ratio

Answers

Answered by anvitanvar032
0

Answer:

The correct answer of this question is Fiscal deficit.

Explanation:

Given -  The following is not concerned with banking organization.

To Find - Choose the correct option.

Fiscal deficit is not concerned with banking organization.

Bank rate, CRR and credit creation are directly linked to the banking system. And the difference between the two is the fiscal deficit, which occurs when the government's expenditures exceed its revenue in a given year. The fiscal deficit is measured in both absolute terms and as a proportion of the country's GDP.

The gross fiscal deficit (GFD) is defined as the difference between total expenditure (including loans) and revenue (including foreign grants) and non-debt capital receipts. The net fiscal deficit is the gross fiscal deficit less the central government's net lending.

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