Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates:

A ) Inflation ✅

B ) Devaluation

C ) Deflation

D ) Demonetisation

Related Questions
  1. 'Devaluation' means:
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  4. An essential attribute of inflation is:
  5. Who among the following is most benefited from inflation?
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