Answers

2014-08-03T10:01:31+05:30
PRODUCTIVE:-when the debt money is used to generate income greater than the servicing liabilities, its called productive debts.it involves raising money for productive purposes. the loan is used to add the productive capacity of a country's economy. 
UNPRODUCTIVE:- they r not added to the productive capacity of a country, they r usually loans used for wars, and famine relief.
0