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Chapters
1: Factors of Production
Theory of Demand and Supply
2: Elementary Theory of Demand
3: Elasticity of Demand
4: Theory of Supply
Market
5: Meaning and Types of Markets
Banking in India
6: Meaning and Functions of Money
7: Commercial Banks
8: Central Bank
9: Introduction to Public Finance
10: Public Revenue
11: Public Expenditure
▶ 12: Public Debt
Inflation
13: Inflation
Consumer Awareness
14: Consumer Awareness
![Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 12 - Public Debt - Shaalaa.com](/images/economics-english-class-10-icse_6:ca738c8e53b2465d96b5253bb7b17d70.jpg "Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 12 - Public Debt")
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Solutions for Chapter 12: Public Debt
Below listed, you can find solutions for Chapter 12 of CISCE Goyal Brothers Prakashan for Economics [English] Class 10 ICSE.
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE 12 Public Debt Exercise [Pages 189 - 190]
MULTIPLE CHOICE QUESTIONS
Identify the correct statement from the following:
Public debt as a source of government revenue is different from other sources of public revenue such as taxes
Public debt can be raised from within or outside the country
Both Public debt as a source of government revenue is different from other sources of public revenue, such as taxes and Public debt can be raised from within or outside the country
Neither Public debt as a source of government revenue is different from other sources of public revenue such as taxes nor Public debt can be raised from within or outside the country
______ is that which is never returned by the government, although it pays the interest thereon regularly.
Funded debt
Unfunded debt
Irredeemable debt
Redeemable debt
______ is that which is repayable by the government after a fixed period of time.
Redeemable debt
Irredeemable debt
Funded debt
Unfunded debt
Loan taken from World Bank is categorised as ______.
Internal debt
External debt
Short-term debt
Compulsory debt
______ are long term debts.
Productive debts
Unproductive debts
Funded debts
Unfunded debts
Unfunded debts are for a period of ______.
less than one year
2 years
5 years
None of these
Which of the following statement is true about public debt?
Can be raised only within the country
Can not be raised forcibly
Can not be raised for a long period of time
Can be taken both within and outside the country
The debt that does not yield income to the government is called a ______.
Productive
Unproductive
Lateral
Standard
The sum total of all debt is called as ______.
Redeemable debt
lrredeemiable debt
Net debt
Gross debt
public
private
The sum total of all debt is called as ______.
Redeemable debt
lrredeemiable debt
Net debt
Gross debt
public
private
When the government borrows money to build dams and canal for the development of the country then it is called as ______ debt.
productive
unproductive
gross
development
Short Answer Type Questions
Define public debt.
Differentiate between productive and unproductive debt.
Give two examples of unproductive debt.
Distinguish between internal debt and external debt.
What is debt trap?
Distinguish between Voluntary debt and compulsory debt.
Name any two sources of external debt for India.
Distinguish between Redeemable debt and Irredeemable debt.
What is meant by unproductive public debt?
With the help of an example explain the term productive debt.
Why is India considered to be in a virtual debt trap?
What are redeemable debts?
Long Answer Type Questions
Define public debt.
How is public debt different from private debt?
What do you mean by public debt?
Explain four types of public debt.
Distinguish between funded and unfunded debt.
Discuss three purposes of public debt.
Explain the term Internal debt.
Explain the following:
External debt
With the help of an example explain the term productive debt.
What is meant by unproductive public debt?
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE 12 Public Debt QUESTION BANK [Pages 190 - 192]
What do you mean by public debt?
Name any two sources of external debt for India.
With the help of an example explain the term productive debt.
What is meant by unproductive public debt?
Give two examples of unproductive debt.
Distinguish between internal debt and external debt.
Distinguish between Voluntary debt and compulsory debt.
Distinguish between Redeemable debt and Irredeemable debt.
What is debt trap?
How is public debt different from private debt?
Define public debt.
Explain four types of public debt.
Distinguish between funded and unfunded debt.
Discuss three purposes of public debt.
Solutions for 12: Public Debt
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 12 - Public Debt
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Concepts covered in Economics [English] Class 10 ICSE chapter 12 Public Debt are Meaning of Public Debt, Difference Between Public and Private Debts, Types of Public Debt.
Using Goyal Brothers Prakashan Economics [English] Class 10 ICSE solutions Public Debt exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Goyal Brothers Prakashan Solutions are essential questions that can be asked in the final exam. Maximum CISCE Economics [English] Class 10 ICSE students prefer Goyal Brothers Prakashan Textbook Solutions to score more in exams.
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