Public Debt has a secular tendency to go up in every country. Which of the following are reasons contributing to such a trend?

Related MCQs

• Which of the following factors contribute to public debt of a country?
• Which of the following are the causes of public debt of a country?
• Which of the following statement is INCORRECT with regard to the burden of public debt of a country?
• Consider the following statements and identify the right ones. i. While calculating GNP, income generated by foreigners in a country is taken into consideration ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account
• Public Debt means
• Which of the following could be a reason for raising public loans by a country?
• Old age pension is “National Old Age Pension Schemes”, “Interest payments”, “Subsidies”, “Unemployment allowances”, “Welfare benefits to weaker sections, etc.” By incurring such expenditure, the government does not get anything in return, but it adds to the welfare of the people, especially belong to the weaker sections of the society. Such expenditure basically results in redistribution of money incomes within the society.
• Entrepreneurs will have no tendency to expand or contract output and employment when
• Debt obligations of the government that have maturities of one year or less is normally called
• Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as: