public finance

_____ is a loan taken by the government from its own people as well as from foreign countries.

• public debt

• public revenue

• public expenditure

• deficit financing

_____ debt is becoming very common these days

• internal debt

• productive debt

• external debt

• unproductive debt

Irredeemable debt is also called as _____

• compulsory debt

• perpectual debt

• unfunded debt

• voluntary debt

funded debt is a long term debt

• true

• false

Redemtion means repayment of a debt

• true

• false

Public debt is not always blessings

• true

• false

Deficit Financing is also called as Public Finance

• true

• false

The deficit financing has been proved to be a sucessful instrument of quick economic development.

• true

• false

Irredeemable debt is known as________.

• perpectual debt

• funded

• unfunded

• compulsory

What is deficit financing?

• current revenue excess government expenditure

• government expenditure excess of its current revenue.