Practice Public Debt - 5.5 | 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

Define public debt.

💡 Hint: Think about what happens when a government borrows money.

Question 2

Easy

What are the two types of public debt?

💡 Hint: Consider where the money is borrowed from.

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 does public debt represent?

  • The total revenue of a government
  • Total money owed by a government
  • The amount of taxes collected

💡 Hint: Think about what happens when governments borrow money.

Question 2

True or False: Internal debt refers to borrowing from foreign countries.

  • True
  • False

💡 Hint: Focus on where the debt originates.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are analyzing a country's economic data. Its public debt is 70% of GDP, and it has high-interest rates. What might you conclude about the economy?

💡 Hint: Consider the relationship between debt, economic stability, and risk.

Question 2

A country has just issued bonds to finance a major project. Discuss potential risks and benefits of this decision.

💡 Hint: Reflect on the long-term implications of government borrowing.

Challenge and get performance evaluation