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?

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UPSC Question: Consider the following statements:...

Economy

2019

External Sector

Balance of Payments

UPSC Practice Question

Consider the following statements:

Which of the statements given above is / are correct?

B.2 only

A.1 only

C.Both 1 and 2

D.Neither 1 nor 2