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Loan taken from World Bank is categorised as ______. - Economics

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Question

Loan taken from World Bank is categorised as ______.

Options

  • Internal debt

  • External debt

  • Short-term debt

  • Compulsory debt

MCQ
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Solution

Loan taken from World Bank is categorised as compulsory debt.

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Chapter 12: Public Debt - Exercise [Page 189]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 12 Public Debt
Exercise | Q 4. | Page 189
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