Question

Which is not internally held public debt?
a. Lone taken from the non-bank public.
b. Lone taken from the RBI.
c. Lone taken from foreign govt
d. Lone taken from commercial banks. ​

Answer 1

Explanation:

It is a form of fiat creation of money, in which the government obtains finance not by creating it de novo, but by borrowing it.

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Answer 2

Explanation:

Which is not internally held public debt?

a. Lone taken from the non-bank public.

b. Lone taken from the RBI.

c. Lone taken from foreign govt

d. Lone taken from commercial banks