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).
Was this answer helpful?
Important Questions from Economic Survey 2024-25
- Arrange the following countries based on the market capitalization to nominal GDP ratio at the end of December 2024 in ascending order (as per the Economic Survey 2024-25).
A. U.K.
B. India
C. China
D. Brazil
Ε. Japan
Choose the correct answer from the options given below: - Which of the following is excluded from headline inflation to arrive at core inflation?
1. Energy prices
2. Gold prices
3. Automobile prices
4. Share prices - Total foodgrain production (in million tonnes) in India for the year 2022-23 is
1. 315.62
2. 329.69
3. 332.30
4. 310.74 - In which of the following year India had a surplus in its current account?
1. 2018-19
2. 2019-20
3. 2020-21
4. 2021-22 - The direct tax to GDP ratio in India for the year 2022-23 is
1. 5.23
2. 6.78
3. 5.97
4. 6.11
Need Expert Advice?
