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When the government borrows money to build dams and canal for the development of the country then it is called as ______ debt. - Economics

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Question

When the government borrows money to build dams and canal for the development of the country then it is called as ______ debt.

Options

  • productive

  • unproductive

  • gross

  • development

MCQ
Fill in the Blanks

Solution

When the government borrows money to build dams and canal for the development of the country then it is called as productive debt.

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Chapter 12: Public Debt - Exercise [Page 190]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 12 Public Debt
Exercise | Q 11. | Page 190
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