Economics · Economy
With reference to public debt in India, which of the following statements is/are correct? I. The outstanding liabilities of the Union Government, as a proportion of GDP, increased between 2020-21 and 2024-25. II. Tamil Nadu has been among the States with the highest outstanding liabilities as a proportion of GSDP. Select the correct answer using the code given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II✓
- 2Both I and II
- 3II only
- 4I only
Correct answer
Neither I nor II
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