Q. Consider the following factors with respect to the current Indian economy: - High food, commodity, and energy prices
- Sovereign debt problems
- High level of government debt
Which of the above is / are predominantly affecting the Indian economy at present?
Answer:
Only 1
Notes: India's most immediate economic challenge is the persistent rise in food, commodity, and energy prices, resulting from global disruptions and supply-side constraints. While sovereign and government debt issues exist, these are not as acute as the inflationary pressures currently affecting household expenditure and overall economic stability.