How the borrowing from money markets helps the Government?

  1. It can be used to fund the fiscal deficit
  2. It can be used to ease inflationary pressures
  3. It can be used to pay international debt

Select the correct option from the codes given below:

Answer: [D] 1, 2 & 3

All the statements are correct.

This question is a part of GKToday's Integrated IAS General Studies Module