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Question
The debt borrowed by the government from within the boundaries of the country is called as ______ debt.
Options
Internal
External
Wholesale
Retail
MCQ
Fill in the Blanks
Solution
The debt borrowed by the government from within the boundaries of the country is called internal debt.
Explanation:
Internal debt is defined as cash borrowed by the government from persons and entities within the country.
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Concept for Public Debt
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