arrow
arrow
arrow
​According to the Economic Survey 2018-19, what was India's external debt at the end of December 2018?​
Question

​According to the Economic Survey 2018-19, what was India's external debt at the end of December 2018?​

A.

US$ 121.1 billion

B.

US$ 221.1 billion

C.

US$ 421.1 billion

D.

US$ 521.1 billion

Correct option is D

Correct Answer:(d) US$ 521.1 billion

Explanation:
According to the Economic Survey 2018-19, India's external debt stood at US$ 521.1 billion at the end of December 2018. This represented a 1.6% decrease from the level recorded at the end of March 2018.

Key Points for Exam:
● External Debt Level: US$ 521.1 billion as of December 2018.
● Trend: 1.6% reduction compared to end-March 2018.
● Debt Sustainability: Indicators suggest that India's external debt remains manageable.
● Liabilities-to-GDP Ratio: Declined from 43% in 2015 to approximately 38% by the end of 2018.
● Foreign Direct Investment (FDI): The share of FDI in total liabilities increased, indicating a shift towards more stable funding sources.

Free Tests

Free
Must Attempt

SSC GD PYP (Held on 4 Feb 2025 S1)

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

Hindi Section Test 1

languageIcon English
  • pdpQsnIcon20 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon12 Mins
languageIcon English
Free
Must Attempt

SSC GD Constable Full Mock Test 1

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
test-prime-package

Access ‘CBSE’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow