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The channel through which all government borrowing and domestic lending transact...


Question

The channel through which all government borrowing and domestic lending transactions pass is called

Options

A)
special trust fund
B)
agency fund
C)
national loan fund
D)
contingency fund

The correct answer is D.

Explanation:

A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. This fund is constituted by the government and is at the disposal of the President.


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Discussion (3)

  • Abdullateef

    use of English / Literature / government / economic

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  • Balqees

    Special trust fund

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  • A contingencies fund or contingency fund is a fund for emergencies or unexpected outflows, mainly economic crises. This fund is constituted by the government and is at the disposal of the President.

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