Which of the following statements about the composition of public debt are correct? I. Internal debt…
All four statements describe valid classifications or components of public debt. Debt can be internal or external, and debt securities can be marketable or non-marketable.…
Choose your answer
Which of the following statements about the composition of public debt are correct?
I. Internal debt
II. External debt
III. Marketable securities and Non-marketable securities
IV. Internal debt and External debt
Answer and explanation
Correct answer D
All four statements describe valid classifications or components of public debt. Debt can be internal or external, and debt securities can be marketable or non-marketable. The complete set of correct statements is I, II, III and IV.
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Karnataka SET (KSET)