More than half of India’s external debt is__:
1. in the form of long term borrowings
2. denominated in US dollar
3. in the form of NRI deposits
Which among the above is / are correct statements?

Answer: [A] Only 1 & 2

You can make the following inferences from the adjacent table:

  1. The maturity profile of India’s external debt indicates dominance of long-term borrowings.
  2. While Long term external debt is near 80%, short term is near 20%.
  3. Largest share is of ECB followed by NRI deposits.
  4. India’s multilateral external debt is MORE than bilateral debt.
  5. Most of the debt is in foreign currency, Rupee debt is minimal. Maximum debt is denominated in dollars.

This question is a part of GKToday's Integrated IAS General Studies Module