Which of the following represents the total amount of money the government owes to external creditors and domestic lenders?

CA Foundation · Business Economics · MTP · June 2024
Which of the following represents the total amount of money the government owes to external creditors and domestic lenders?
(A) A. National debt
(B) B. Budget surplus
(C) C. Fiscal deficit
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. National debt

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic