Economy, asked by npungpung1356, 2 months ago

On the basis of duration of loans public debt can be classified as

Answers

Answered by deepakojha11411

2

Answer:

Loans are classified according to the duration of loans taken. Most government debt is held in short term interest-bearing securities, such as Treasury Bills or Ways and Means Advances (WMA). Maturity period of Treasury bill is usually 90 days. ... Only for long term loans, government comes to the public.

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