Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households

Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households
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(2) Transfer payments by the government. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments are considered to be exhaustive because they do not directly absorb resources or create output. Examples of certain transfer payments include welfare (financial aid), social security, and government making subsidies for certain businesses (firms). Government debt is the debt owed by a central government. In the budget, it is listed among the transfer payments by the government.
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Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Description : Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Last Answer : (2) transfer payments by the Govt. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These ... interest on public debt, social security, and government making subsidies for certain businesses (firms).

Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank. A. NR Madhawan Menon B. Bimal Jalan C. Nachiket Mor D. Y.H. Melagam E. None of the Above

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Last Answer : C. Nachiket Mor Explanation: Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor recommended the formation of a new category of bank called payments bank.

According to monetary approach of Balance of Payments, the demand for money is a stable function of (a) income, prices and rate of interest (b) income and prices (c) prices and rate of interest (d) income, prices and foreign exchange reserves

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