Civil Services UPSC CAPF (Assistant Commandants) Test Series 2025 General Knowledge Economy Money and Banking
Which one of the following effects of helicopter money has been the main cause of deterrence to the Government of India?
1
It increases the aggregate demand but not supply.
2
Increases the government debt which might impact its sovereign credit ratings.
3
It could lead to devaluation of currency and over-inflation.
4
Diversion of resources to the purchase of real estate and investment in luxury housing.