Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
______________ type of debts is very rare.
(A)
Productive debt
(B)
Private debt
(C)
Irredeemable debt
(D)
Redeemable debt
Question-2
Imposing very heavy tax on property and wealth is known as _______________
(A)
Capital levy
(B)
Rent levy
(C)
Labour levy
(D)
None of these
Question-3
Excessive borrowing of the government leads to ______________
(A)
Financial burden
(B)
Deficit financing
(C)
Public debt
(D)
All of these
Question-4
Major sources of government borrowings are __________________
(A)
Individuals only
(B)
Business enterprises only
(C)
Banks only
(D)
All of these
Question-5
When loans are raise for more than five years is known as _________________
(A)
Long term debt
(B)
Short term debt
(C)
Forced debt
(D)
None of these
Question-6
Public debts occurs from ________________
(A)
within the country
(B)
Outside the country
(C)
Within and outside te country
(D)
None of tese
Question-7
_____________ is a process by which the government raises new bonds to pay off the maturing bonds
(A)
Long term debt
(B)
Refunding
(C)
Refusing to pay the debt
(D)
Repayment of debts
Question-8
_______________ are the loans floated outside the country
(A)
Internal debt
(B)
Private debt
(C)
External debt
(D)
None of these
Question-9
Debts incurred for financing war, flood, epidemics are examples for _____________________
(A)
Productive debt
(B)
Private debt
(C)
Unproductive debt
(D)
Internal debt
Question-10
Debts which are not used for productive purpose is known as _____________________
(A)
Internal debt
(B)
Private debt
(C)
Unproductive debt
(D)
Productive debt
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Plus 2 Humanities
ICSE/ISC
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