Economics · Economy
With reference to India's external sector statistics, consider the following components: I. Borrowings from multilateral financial institutions such as the International Monetary Fund II. Deposits held by Non-Resident Indians in Indian banking institutions III. External liabilities of the monetary authority arising from foreign exchange obligations IV. Investments made by foreign portfolio investors in Government securities Which of the above are included in the calculation of India's Sovereign External Debt?
- 1I and IV only✓
- 2III and IV only
- 3II and III only
- 4I and II only
Correct answer
I and IV only
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