Advertisements
Advertisements
Question
Explain the following:
External debt
Short/Brief Note
Advertisements
Solution
External debt means the government’s borrowings from abroad. External debts are multilateral borrowings, bilateral borrowings, and loans from the World Bank and the Asian Development Bank. It helps for various developmental programmes.
shaalaa.com
Is there an error in this question or solution?
Chapter 12: Public Debt - Exercise [Page 190]
