What is India’s general government debt as a percentage of GDP for the fiscal year 2022-23, according to Moody’s?
(a) 56%
(b) 81.8%
(c) 8.4%
(d) 26%
Ans.(b)
Sol. Moody’s estimates India’s general government debt to be around 81.8% of GDP for the fiscal year 2022-23, which is higher than the Baa-rated median of around 56%.
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