What is Redemption ? Meaning ↓
Redemption means repayment of a loan. Redemption refers to escaping from the burden of public debt.Image Credits © Friends of the Earth International.
Various Methods of Public Debt Redemption ↓
The various methods of public debt redemption are as follows :-
1. Sinking fund method
The Government creates a fund called sinking fund by accumulating a part of the
Monday, 14 February 2011
Various Methods of Public Debt Redemption - Repayment of Loan
Posted on 07:25 by Unknown
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