If there is inadequate rise in the industrial production the supply for the generally demanded goods will become low leading to the excess demand for those due to which there will be the rise in general price level for those goods. Due to the low agricultural productivity the aggregate supply will be low but the aggregate demand will remain intact which will increase the general price level owing to excess demand. Deficit financing means generating funds to finance the deficit which results from the excess of expenditure over revenue. Deficit Financing is inherently inflationary, it increases the aggregate expenditure of the government thus increases the aggregate demand in the market leading the rise in the prices for goods and services in the country.
Which government approved the ‘Brindavan Gram’ scheme to promote milk production and increase farmers' income?
The Panama Canal connects which two bodies of water?
When is the scheduled period for the 46th session of the UNESCO World Heritage Committee in New Delhi?
When do we observe World Wetlands Day?
Which river meets the Ganga at the Triveni Sangam in Prayagraj?
When is World Cancer Day observed?
A new double decker bridge is being built by the National Highways Authority of India (NHAI) and which other state metro of the length 3.14 km?
Which of the following district of Uttar Pradesh is the smallest district in term of area?
Which of these famous footballer has announced his retirement from the game on 3rd November, 2022?
On 7th August, 2022 after being delayed multiple times the ISRO (Indian Space Research Organisation) is all set to launch the EOS -2 and AzadiSAT satell...