ICSE Class 10 Answered
State one major point of difference between productive and
unproductive debts?
Asked by Topperlearning User | 24 Apr, 2015, 07:39: AM
Expert Answer
A debt is called productive, if the loan is financed for the projects which bring revenue to the government such as irrigation and power projects.
A debt is called unproductive, if the loan is financed for war and other relief operations in case of emergency.
Answered by | 24 Apr, 2015, 09:39: AM
