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Consider the following statements: 1. Most of India's external debt is owed by governmental entities. 2. All of India's external debt is denominated in US dollars. Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
Answer & Solution
Correct answer: D. Neither 1 nor 2
UPSC CSE Prelims 2019 (GS-I, Set A), Q.63. Official answer key: D.
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