Economics · Economy
With reference to the composition of public debt in India, consider the following statements: I. Borrowings from foreign sources constitute a substantial share of India's overall public debt. II. Short-term debt instruments issued by the Union Government and held by State Governments form part of the domestic component of public debt. Which of the statements given above are not correct?
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
I only
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