Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 6)
6.
What percentage of India’s GDP did the external debt constitute at the end of March 2025?
Answer: Option
Explanation:
At the end of March 2025, India’s external debt stood at $736.3 billion, which amounted to 19.1% of the country’s GDP, as reported by the Reserve Bank of India. This marked an increase from the previous year, when the external debt was $668.8 billion or 18.5% of GDP. External debt includes borrowings from foreign sources such as international financial institutions, foreign governments, and private commercial entities. The rise in the external debt-to-GDP ratio reflects changes in both borrowing levels and overall economic performance. Monitoring this ratio is important for assessing a country's debt sustainability and economic health in the global financial system.
Discussion:
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