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How does the government raise money from RBI? |
Government has control over the banks so it tells the amount which is required and the officials are bound to pay Government issues securities to RBI and in return they pay the amount Government has its printing factory in Nasik and asks the officials to print directly Government informs the nearest commercial bank which in return provide information to RBI |
Government issues securities to RBI and in return they pay the amount |
When the expenditure of the government is exceeded from its revenue, it issues securities to the RBI and in return raise money. |
