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Question

The Economic Survey 2024–25 states that India’s foreign exchange reserves were adequate to cover approximately what percentage of external debt as of December 2024?

The correct answer is

About 90%

According to the Economic Survey 2024–25, India’s foreign exchange reserves were adequate to cover approximately 90% of the country's external debt as of late 2024. These reserves, which stood at USD 640.3 billion at the end of December 2024, provided a strong buffer against external vulnerabilities for the debt recorded at USD 711.8 billion (as of September 2024). 

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Important Questions from Economic Survey 2024-25

  1. What is the estimated real GDP growth rate for India in the fiscal year 2025-26, according to the Economic Survey, 2024-25?

  2. Compute the fiscal deficit from the given data:
    Total receipts are ₹13,500 crores and total expenditures are ₹15,000 crores. Revenue receipts are ₹3500 crores. Capital receipts in the form of Government's market borrowings and other liabilities are ₹2500 crores. Loan recoveries are ₹7500 crores.

  3. Which of the following are revenue receipts of the Central Government?
    (A). GST
    (B). Provident Fund
    (C). Interest receipts
    (D). Recoveries of loans and advances from State Governments
    Choose the correct answer from the options given below:

  4. The conversion rate between the physical rupee and the digital rupee is determined by which of the following in India?
  5. Match the following committees with their mandates in the List I and List II
     

    List I
    Committees
    List II
    Mandates
    (A). Malhotra Committee(I). NBFC Reforms
    (B). Narsimham Committee(II). Money Market Reforms
    (C). Vaghul Committee(III). Financial Sector Reforms
    (D). Shah Committee(IV). Insurance Sector Reforms


    Choose the correct answer from the options given below:

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