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    ​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.

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