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______ is that which is repayable by the government after a fixed period of time. - Economics

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Question

______ is that which is repayable by the government after a fixed period of time.

Options

  • Redeemable debt

  • Irredeemable debt

  • Funded debt

  • Unfunded debt

MCQ
Fill in the Blanks

Solution

Funded debt is that which is repayable by the government after a fixed period of time.

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Chapter 12: Public Debt - Exercise [Page 189]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 12 Public Debt
Exercise | Q 3. | Page 189
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