Which of the following is not a monetary tool ? - Study24x7
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aditi arora
17 May 2022 12:13 PM study24x7 study24x7

Which of the following is not a monetary tool ?

A

CRR

B

SLR

C

Deficit financing

D

Open market operations

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  • aditi arora

    • Deficit Financing is not a monetary tool. Deficit financing, practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.

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    Reply 18 May 2022 12:29 PM
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