Indian-Economy
General Knowledge

 Back to Questions
Q.

Which of the following is not considered as a government debt?

 A.

Provident fund

 B.

Life insurance policies

 C.

National saving certificate

 D.

Long-term Government Bonds

 Hide Ans

Solution:
Option(C) is correct

National saving certificate is not considered as a national debt.

Government debt is the debt owed by a central government. (In the U.S. and other federal states, "government debt" may also refer to the debt of a state or provincial, municipal or local government.


(0) Comment(s)