deficit financing also known as budget financing is the
financing process when there is deficit to sustain its
budget i.e., when expenditure is more than revenue. the
government utilises various means to finance the deficit.
those include.., external aids, external borrowing,
internal borrowing, printing currency...
Deficit financing means when government borrow from central bank of county to cover its deficit in the budget . Deficit financing also means currency creates extra purchasing power and as a result the total circulation of currency increases, demand inceases and which results in prices rise .
This problem can be avoid by over valuation of money.
The qualification for appointment as a judge of the Supreme
(1) 5 years as a judge of High Court or 10 years as an
advocate in a High Court
(2) 5 years as an advocate in High Court
(3) 10 years as an advocate in the Supreme Court
(4) A Ph.D. Degree in the discipline of Law