GyanGramQuestion
In the context of the Indian economy, non-financial debt includes which of the following?
1. Housing loans owed by households
2. Amounts outstanding on credit cards
3. Treasury bills
Select the correct answer using the code given below:
PRELIMS 2020 · INDIAN ECONOMY
In the context of the Indian economy, non-financial debt includes which of the following?…
Attempt this previous-year question. The correct option stays hidden until you choose.
Pick an option to check yourself.
• Correct Answer: D
• Non-financial debt includes borrowings by households, government, and non-financial corporations.
• Housing loans and credit card dues are household debt; T-bills are government debt.
• All three are outside the financial sector.
Keep going in GyanGram.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.