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What are the three sources of public borrowing?

Asked by Topperlearning User 24th April 2015, 7:39 AM
Answered by 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 Expert 24th April 2015, 9:39 AM
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