Which of the following is a major component of India's external debt? MCQ with Answer and Explanation

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Which of the following is a major component of India's external debt?

A. Only equity portfolio investment

B. Only domestic government securities held by residents

C. Only short-term trade credit

D. Commercial borrowings, NRI deposits, multilateral and bilateral loans

Answer: Option D

Solution (By JKSSB Mock Tests)

India's external debt comprises multilateral and bilateral loans, commercial borrowings, NRI deposits, trade credit and other liabilities.

This question belongs to: Economy GK Economy Set 1

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The 'Rashtriya Madhyamik Shiksha Abhiyan' was launched in:

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C. 2009

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Correct Answer: Option C

Explanation:
Rashtriya Madhyamik Shiksha Abhiyan was launched in 2009.

This question belongs to: Economy GK Economy Set 1

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The 'Asian Infrastructure Investment Bank' headquarters is in:

A. Manila

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Correct Answer: Option C

Explanation:
AIIB headquarters is in Beijing.

This question belongs to: Economy GK Economy Set 1

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The 'Pradhan Mantri Annadata Aay Sanrakshan Abhiyan' is a scheme for:

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Correct Answer: Option A

Explanation:
PM-AASHA aims to ensure remunerative prices to farmers through price support, price deficiency payment and private procurement.

This question belongs to: Economy GK Economy Set 1

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