A. The colonial period
B. The early 1950s
C. most debt was incurred during the oil shocks of the 1970s
D. the early 1960s
Related Mcqs:
- What is National debt or public debt ?
A. State’s borrowing from its population
B. State’s borrowing from foreign government
C. state’s borrowing from international institution
D. All of these - If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
A. 160; 270
B. 10; 30
C. 10; 3.33
D. 30; 10 - One-third of the forest area is productive, and the remaining two-third is maintained for ?
A. Timber
B. Environmental protection
C. Wild life
D. sanctuaries - The term Fourth World has been coined to describe ?
A. the newly industrialized countries like Korea, Taiwan Malaysia
B. The republics of the former Soviet Union
C. Countries that still have a communist government like China and Cuba
D. countries that have fallen far behind the economic advances of the rest of the world - The term Fourth World has been coined to describe ?
A. the newly industrialized countries like Korea, Taiwan Malaysia
B. The republics of the former Soviet Union
C. Countries that still have a communist government like China and Cuba
D. countries that have fallen far behind the economic advances of the rest of the world - Debt-re-scheduling is ?
A. an agreement with the World Bank to turn some of a debt into other forms
B. a change in debt repayment due to inability to pay
C. regular payments of interest and repayments of capital
D. a program of austerity measures agreed with the IMF to make repayment possible - Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?
A. Debt blast
B. Debt bomb
C. Bad debt
D. None of them - Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ?
A. Rolling debt
B. Bad debt
C. Rescheduling
D. Default - Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ?
A. Singapore (1994)
B. Mexico (1994)
C. Russia (1998)
D. Brazil (1998) - The policy cartel on debt reduction refers to the_______________?
A. screening of debtors based on their regional location
B. World Bank requiring LDCs seconded by a DC to get loan reduction
C. loan denial to crisis-stricken highly indebted countries
D. None of the above
