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    • Question

      What was the ratio of India’s short-term external debt

      to foreign exchange reserves as of March 2025?
      A 17.8% Correct Answer Incorrect Answer
      B 18.3% Correct Answer Incorrect Answer
      C 19.1% Correct Answer Incorrect Answer
      D 20.1% Correct Answer Incorrect Answer
      E 22.8% Correct Answer Incorrect Answer

      Solution

      Although short-term debt as a share of total external debt declined to 18.3%, its ratio to foreign exchange reserves rose slightly to 20.1%, suggesting that while the absolute share decreased, its significance relative to forex reserves increased.

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