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In the context of Indian economy non-financial debt includes which of following?

1. Housing loans owed by households
2. Amount outstanding on credit cards
3. Treasury bills

Select the correct answer using the code given below:

(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 1, 2 and 3



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In the context of the Indian economy, non-financial debt includes housing loans owed by households, amount outstanding on credit cards, and treasury bills.


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