With reference to Indias debt consider the following statements 1 Indias external deb...........

Economic Affairs Public Finance and Debt Management

With reference to India's debt, consider the following statements:

1. India's external debt is larger than its internal debt.

2. Market borrowings is highest contributor to internal debt.

Which of the statements given above is/are correct?

1 only

2 only

1 and 2 only

neither 1 nor 2

1st statement is incorrect. India's internal debt is greater than external debt.

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