Question:medium
The Government of India borrows a large sum of money from international financial institutions to build highways and modernize railways. This situation is an example of:
The Government of India borrows a large sum of money from international financial institutions to build highways and modernize railways. This situation is an example of:
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Debt for productive purposes refers to borrowing for investments that can contribute to long-term economic growth, such as infrastructure projects.
Updated On: Mar 31, 2026
- Debt for fiscal purposes
- Debt for productive purposes
- Public revenue
- Text debt
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The Correct Option is B
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