Economics · Public Finance
The Government of India issues long-term bonds to finance infrastructure projects. Economists warn that excessive reliance on internal borrowing may place a net burden on future generations. This situation represents which of the following concepts? 1. Internal Debt 2. External Debt 3. Burden of Public Debt
- 12 and 3
- 2Only 2
- 31 and 3✓
- 4Only 1
Correct answer
1 and 3
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