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Public Borrowing

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is a source of collecting income by state

a)

Public debt

b)

Fund spending

c)

Securities

d)

Income

2.

What do you call a fund obtained from sources within the country?

a)

External Borrowing

b)

Domestic Borrowing

c)

Public Borrowing

d)

Currency

3.

Formed after the "Great Depression in 1930"

a)

Neo-Classical Theory of Public debt

b)

Classical Theory of Public debt

c)

Keynesion Theory of Public debt

d)

Surplus Revenue

4.

What do you call a fund obtained from sources outside the country?

a)

Domestic Borrowing

b)

Foreign Borrowing

c)

Public debt

d)

Loans

5.

What is the course code for the subject Fiscal Resource Management

(a)  

6.

It is a government's steward of fiscal policy that formulates revenue policies and ensures funding of critical government programs.

a)

Asian Development Bank

b)

Bureau of Treasury

c)

Bureau of Internal Revenue

d)

Department of Finance

7.

What do you call a type of security that has the lowest interest rate?

a)

Notes

b)

Bonds

c)

Bills

d)

IOU

8.

A debt that is used in those plans which provide income, like railway, plans of electricity and plans of irrigation.

a)

External debt

b)

Unproductive debt

c)

Productive debt

d)

Funded debt

9.

Current Events: How much is the Philippine government's total outstanding debt as of June 2021

a)

P 11.166 Trillion

b)

P 10.661 Billion

c)

P 11.632 Million

d)

P 28.144 Billion

10.

It is an indicator of very heavy taxes on property and wealth

a)

Capital levy

b)

Sinking Fund

c)

Conversion of debts

d)

Debt Repudiation