Which of the following factor does not contribute to
public debt of Country
Answers
Answer:
hi......
have a nice day ...
Which of the following factors contribute to public debt of a country?
A. To undertake public welfare
B. Urge for economic growth
C. Inefficiencies of public organisations and corruption
D. All of the above
The correct answer is :
D. All of the above
Explanation :
All three of the given options contribute to the public debt of a country.
Many types of schemes have to be run for the public welfare of a country, for which it has to collect money through various means when it needs money.
The urge for economic development also compels a country to take public debt.
Apart from this, due to the rampant corruption in the public organizations of the government and the inefficiency of their employees, those organizations do not get the right output, which increases the burden of public debt.
#SPJ3