A loan which is utilised for building roads, railways and irrigation projects is known as

Productive debt

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External debt

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Unproductive debt

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Irredeemable debt

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Solution

The correct option is A
Productive debt

Productive debts are those debts which are incurred by the government for those projects which yield income such as the loans used for the construction of railways, irrigation, etc.

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A loan which is utilised for building roads, railways and irrigation projects is known as

The correct option is A Productive debt Productive debts are those debts which are incurred by the government for those projects which yield income such as the loans used for the construction of railways, irrigation, etc.

The correct option is A
Productive debt

Productive debts are those debts which are incurred by the government for those projects which yield income such as the loans used for the construction of railways, irrigation, etc.