General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 32)
32.
Which of the following is not viewed as a national debt?
Discussion:
22 comments Page 1 of 3.
Sidd said:
1 decade ago
How please explain?
Rohitkr912 said:
1 decade ago
Yes please explain. I thought it might be Life insurance policy.
Priyanka Singh said:
1 decade ago
Even I agree with Rohit, I think it shuld be Life insurance policy. Please explain the difference.
Manish soni said:
1 decade ago
Life insurance policy is a national debt, because it has to be rapy on the occurance of particular event. Similarly providnt fund is also needed to pay and also the govt bonds are needed to pay.
But I am not sure about nsc, because I feel it's also a future liability. I doubt the answere.
But I am not sure about nsc, because I feel it's also a future liability. I doubt the answere.
Rajni said:
1 decade ago
Yes these all are future liabilities.
Kiruthika said:
1 decade ago
Yes I'm also agree with him because if there is no particular reason similarly the provident fund is also to pay the govt bonds.
Vijay said:
1 decade ago
Answer is life insurance policies. Other 3 are considered in calculating national debt. LIC is an independent corporation.
Chitra said:
1 decade ago
I think it is similar to different government bonds so it should be taken as a liability but I am not quite sure about it because not sure about the policy issued for national saving certificate.
Deepthy said:
1 decade ago
I don't think so. NSC is a scheme, which provides tax deduction to the assessee.
LIC is a company, but the above given is a policy which have to be settled later.
LIC is a company, but the above given is a policy which have to be settled later.
TaNMaY Hamdapurkar said:
1 decade ago
National saving certificates is the certificates which is issued bye government. To general public to raise short term finance!
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