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? |ForumIAS

Updates

Prelims Sprint 2026 (PRRC), Batch-1 Starts on 1st December 2025 available in Online and Offline Mode | PTS 2026 Batch-19 available in English & Hindi Medium, Starts on 19th November 2025 | CSAT Classes for 2026 Prelims, Batch-2 starts 4th November 2025 |

Q. 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?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D

Notes: