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What is meant by the term "redeemable debt"?
  • a)
    Debt without interest payments
  • b)
    Debt that is repaid after a fixed period
  • c)
    Debt that will never be repaid
  • d)
    Debt that the government incurs only during emergencies
Correct answer is option 'B'. Can you explain this answer?
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What is meant by the term "redeemable debt"?a)Debt without interest pa...
Redeemable debt refers to loans that the government is obligated to repay after a predetermined period. This type of debt allows investors to receive their principal back along with interest, making it a more predictable financial instrument for both the government and the lenders.
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