Apart from internal and external debt what are the various kinds of de

1.	Apart from internal and external debt what are the various kinds of debts ?
Answer» Productive debt and unproductive debt :- If the borrowed amount is used for productive purposes it is known as productive debt. Unproductive debt includes expenses like war finance and covering budgetary deficit. Compulsory and voluntary debt Compulsory debt is done in times of war, inflation etc. If the people are free to buy or not to buy the bonds debentures issued by the government. It is voluntary debt. Redeemable and Irredeemable debt :- Redeem able debts are repaid with in a specific period of time. It there is no time limit for repayment it is redeemable debt. Funded and Unfunded debt :- Funded debts are taken for a long period and for specific purpose. Short term debts are called unfunded debts.

Apart from internal and external debt what are the various kinds of debts ?

Answer»

Productive debt and unproductive debt :- If the borrowed amount is used for productive purposes it is known as productive debt. Unproductive debt includes expenses like war finance and covering budgetary deficit. Compulsory and voluntary debt Compulsory debt is done in times of war, inflation etc. If the people are free to buy or not to buy the bonds debentures issued by the government. It is voluntary debt.

Redeemable and Irredeemable debt :- Redeem able debts are repaid with in a specific period of time. It there is no time limit for repayment it is redeemable debt.

Funded and Unfunded debt :- Funded debts are taken for a long period and for specific purpose. Short term debts are called unfunded debts.

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