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What are funded debts?

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प्रश्न

What are funded debts?

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उत्तर

Long-term loans with a one-year payment due date are known as funded debts. The government establishes a debt fund and deposits money into it annually in order to pay back the debt. Upon maturity, the debt is paid back from the fund.

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पाठ 12: Public Debt - Exercise [पृष्ठ २३२]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 12 Public Debt
Exercise | Q 15. | पृष्ठ २३२
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