Question : Public debt includes:
Option 1: Bank loans
Option 2: Trade credit
Option 3: Government securities
Option 4: Equity shares
Answer (1)
22nd Jan, 2024
Correct Answer: Government securities
Solution : The correct answer is (c) Government securities
Public debt includes government securities, which are debt instruments issued by governments to borrow funds from individuals, financial institutions, and other entities. Government securities can take various forms, such as treasury bills, government bonds, and government notes. These securities represent the debt obligations of the government and are backed by the full faith and credit of the issuing government.
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