Bonds floated by a country to raise capital for the construction of a railway track are an example of
Productive debt finances assets or activities that generate income or add to productive capacity, such as a railway track. Classification as short-term or external debt…
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Bonds floated by a country to raise capital for the construction of a railway track are an example of
Answer and explanation
Correct answer A
Productive debt finances assets or activities that generate income or add to productive capacity, such as a railway track. Classification as short-term or external debt instead depends on maturity or borrowing origin, neither of which is specified.
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Gujarat SET (GSET)