Q. With reference to the India’s public debt – to – GDP, which of the following statements is/are correct?
1. India’s overall debt levels as a per cent of GDP are the highest amongst the group of G-20 countries.
2. Private debt – to – GDP is more than Government debt – to – GDP.
Select the correct answer using the codes given below: 
Answer: D
Notes:
A cross-country comparison of debt levels points out that for India, the government debt level as a proportion of GDP is equal to the median in the group of G-20 OECD countries and in the group of BRICS nations.
India’s overall debt levels as a per cent of GDP are the lowest amongst the group of G-20 OECD countries and also among the group of BRICS nations.
Source: Economic Survey 2020 – 2021
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