2019 Economy - External Debt, Indian Economy

Consider the following statements : 1. Most of India's external debt is owed by governmental entities. 2. All of India's external debt is denominated in US dollars. Which of the statements given above is/are correct?

  • 1 only
  • 2 only
  • Both 1 and 2
  • Neither 1 nor 2

Want to see the 360° AI Analysis?

Sign up for a free 7-day trial to see option elimination logic, concept maps, and AI-graded model answers for this question.

View Interactive Analysis
    2019 UPSC Economy PYQ | UPSC Insights | UPSC Insights