Question

what is meant by productive and unproductive debts .....??

ANSWER QUICKLY ....

Answer 1

The productive debt is expected to create assets which will yield income sufficient to pay the principle and interest on the loan. And unproductive means loans raise for war or protection against natural disaster do not create any asset. V. Vishakha S.

Answer 2

in productive debts we can come out with a period of time in unproductive we can't

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