Practice Borrowing - 5.3.3 | Chapter 5: Public Finance | ICSE Class 12 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is borrowing in the context of government finance?

πŸ’‘ Hint: Think about how governments pay for projects without immediate revenue.

Question 2

Easy

Name one type of domestic borrowing.

πŸ’‘ Hint: Consider the institutions within the country.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is borrowing in public finance?

  • A method of taxation
  • Raising funds
  • Spending funds

πŸ’‘ Hint: Think about how governments finance projects.

Question 2

True or False: Only domestic sources can be used for government borrowing.

  • True
  • False

πŸ’‘ Hint: Consider the global economic system.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze how external borrowing can affect a country's economic sovereignty.

πŸ’‘ Hint: Think about what happens when countries need funding.

Question 2

Evaluate a recent case of a country experiencing a debt crisis due to excessive borrowing; explain the outcomes.

πŸ’‘ Hint: Research historical debt crises for examples.

Challenge and get performance evaluation