As per the RBI, Indias external debt declined.....to USD 514.4 billion at June-end.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

As per the RBI, India’s external debt declined____to USD 514.4 billion at June-end.

A	2.8%
B	3.80%
C	1.80%
D	2.20%

Explanation:

Detailed explanation-1: -The external debt to GDP ratio stood at 19.2 per cent as at end-September 2022 as compared to 19.3 per cent at end-June 2022 (Table 1). 3.

Detailed explanation-2: -In the long-term, the India Total External Debt is projected to trend around 612000.00 USD Million in 2024 and 615000.00 USD Million in 2025, according to our econometric models. In India, external debt is a part of the total debt that is owed to creditors outside the country..

Detailed explanation-3: -"At end-September 2022, India’s external debt was placed at USD 610.5 billion, recording a decrease of USD 2.3 billion over its level at end-June 2022, ” it said.

Detailed explanation-4: -India’s external debt was placed at US$ 617.1 billion at the end of June 2022, stated a press release on Thursday.

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