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प्रश्न
Statement (1): Public debt repayable within one year is a short term debt.
Statement (2): Long term loans are paid back in 5 years or more.
विकल्प
Both statements are true.
Both statements are false.
Statement 1 is true but Statement 2 is false.
Statement 2 is true but Statement 1 is false.
MCQ
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उत्तर
Both statements are true.
Explanation:
- Statement (1): Short-term public debt is defined explicitly as having a maturity duration of less than twelve months and meeting the government's immediate cash-flow requirements.
- Statement (2): Long-term debt is used for multi-year capital projects, with repayment terms of five years or more.
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