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When a government issues bonds to fund a major infrastructure project, it is an example of which type of resource mobilisation?

APrivate sector borrowing

BInternational aid financing

CPublic debt mobilisation

DCorporate bond issuance

Answer:

C. Public debt mobilisation

Read Explanation:

  • Government bonds are a classic example of public debt, used to raise capital by borrowing from the public or institutional investors.


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Evaluate the paradoxical situation often referred to within the 'Kerala Model of Development' and select the true statements.

  1. The Kerala Model is characterized by the co-existence of low per capita income and high human development indicators.
  2. There is a paradoxical situation of high social development occurring without subsequent significant economic growth.
  3. Many economists believe that this situation of stagnation prevailed only during the 2000s.
  4. Kerala's development pattern has received little attention from development economists due to its unique nature.