Internal debt is that part of the total debt that is owed to lenders within the country. It is the money the government borrows from its own citizens. The government borrows by issuing the Government Bonds and T-Bills (Treasury Bills). It also includes the Market borrowings by the government. External debt is owed to creditors outside the country. The outsider creditors can be foreign governments, International Financial Institutions such as World Bank, Asian Development Bank etc., corporate and foreign private households. External debt may be of several kinds such as multilateral, bilateral, IMF loans, Trade credits, NRI Deposits in India, External commercial borrowings etc.
Match Column I and Column II and choose the correct match from the given choice
In the following questions, two columns are given, Column 1 and Column 2. Each column contains 3 phrases. Match the phrases in Column 1 with the phrase...
In the following question, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase fr...