Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 10 Answered

What are the three sources of public borrowing?
Asked by Topperlearning User | 24 Apr, 2015, 07:39: AM
answered-by-expert Expert Answer

The three sources of public borrowings are: 

  1. An individual may purchase government bonds and other types of securities.
  2. Banks may also purchase government bonds. Banks are forced to hold government securities in a certain proportion to their deposits.
  3. The government can raise external loans from international agencies such as the International Monetary Fund, the World Bank etc.
Answered by | 24 Apr, 2015, 09:39: AM
Get Latest Study Material for Academic year 24-25 Click here
×