Which one of the following is short period debt meant to meet current needs, that is filling temporary…
Unfunded/floating debt finances short-lived cash gaps. Funded debt is ordinarily longer term; redeemable/irredeemable classify repayment obligations rather than temporary…
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Which one of the following is short period debt meant to meet current needs, that is filling temporary gap in budgets ?
Answer and explanation
Correct answer B
Unfunded/floating debt finances short-lived cash gaps. Funded debt is ordinarily longer term; redeemable/irredeemable classify repayment obligations rather than temporary maturity specifically.
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UGC NET Economics