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Identify the correct statement from the following: - Economics

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Question

Identify the correct statement from the following:

Options

  • 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

MCQ

Solution

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

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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 1. | Page 189
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