Loading...
UPSC 2002: India's external debt increased from US $98,158 million as at the end of March 2000 to US $100,225 million as at the end of March 2001 due to increase in
(a)multilateral and bilateral debt
(b)rupee debt
(c)commercial borrowings and NRI deposits
(d)borrowing from International Monetary Fund
Attempt This Question
Not attemptedCorrect Answer: (a) multilateral and bilateral debt
Economic Survey data for 2000-01 show that the small rise in India’s external debt (US $ 98.2 bn → US $ 100.2 bn) was chiefly due to larger multilateral and bilateral borrowings, while IMF liabilities and rupee debt fell and commercial borrowings/NRI deposits were broadly stable. ([scribd.com](https://www.scribd.com/document/872910249/UPSC-IAS-Prelims-General-Studies-Question-Paper-2002-With-Answers))
Related Current Affairs
Related UPSC Questions
More from External Sector & Balance Of Payments
2002moderate
Consider the following statements: Full convertibility of the rupee may mean 1. its free float with other international currencies. 2. its direct exch
2001moderate
Assertion (A): Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000. Reason (R): There was a fall
2001moderate
The largest share of Foreign Direct Investment (1997-2000) went to
Related Indian Economy Topics
2002Infrastructure & Industry
Consider the following statements: The Draft Electricity Bill, 2001 seeks to replace 1. Indian Electricity Act, 1910 2. Electricity (Supply) Act, 1948
2002International Trade & WTO
Consider the following statements: 1. The World Intellectual Property Organisation (WIPO) is a specialised agency of United Nations System of Organisa
Frequently Asked Questions
What is the correct answer to this UPSC 2002 Indian Economy question?▼
The correct answer is option (a): multilateral and bilateral debt. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this External Sector & Balance Of Payments question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2002, GS Paper 1, as Question 36. It falls under Indian Economy > External Sector & Balance Of Payments.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from External Sector & Balance Of Payments?▼
UPSC has asked 49 questions from External Sector & Balance Of Payments (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.