Current Affairs · External Sector Statistics
What does an expansion in India's Net International Investment Position (IIP) liability indicate about the country's external balance sheet?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The country's gross foreign currency assets touched an absolute historical low
- 2All sovereign external debt obligations were successfully retired
- 3The value of India's international financial liabilities exceeded its international financial assets by a wider margin✓
- 4India's foreign assets grew faster than its foreign liabilities
Correct answer
The value of India's international financial liabilities exceeded its international financial assets by a wider margin
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