APPSC Group-II Mains 2019 Paper III · Question 114

Question 114 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.

1. Mains 2019 · P-III · Q114 · Economy (India & AP) · Public Finance & Taxation

   If a government has to borrow to make interest payments, it is called a

   ఒక వేళ ప్రభుత్వం వడ్డీ చెల్లింపులకు రుణాలు సేకరించిన దానిని ఈ విధంగా వ్యవహరించెదరు

   Show answer

   Answer: Debt trap

   సమాధానం: రుణాల వల

   In a debt trap, new borrowing goes to service old debt, so debt keeps growing.

Answer it in the practice appMake a topic-wise quiz