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प्रश्न
Define public debt.
व्याख्या
उत्तर
Public debts are the loans taken by the government. Such loans can be taken internally from the residents of the country as well as externally from foreign governments, institutions and people. The public debts taken by the government carry an interest burden on them which are to be paid back by the government along with the principal amount at a mutually agreed date.
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Concept for Public Debt
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