India's External Debt Situation

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11 Questions

What was India's external debt as of end-September 2022?

US$ 610.5 billion

What is the optimal threshold for India's external debt as a ratio to GDP?

23-24 per cent

By how much did India's external debt grow over the previous year?

US$ 7.6 billion

How does India's external debt situation compare to its peer countries?

India's external debt is lower than its peer countries.

What was the ratio of external debt to GDP as of end-September 2022?

19.2 per cent

What is the main objective of the RBI's intervention in the foreign exchange market?

To contain instances of excessive volatility

By how much has the INR depreciated against the US dollar on a financial year basis from April to December 2022?

8.3 per cent

What is the percentage appreciation of the US dollar in terms of the US dollar index from April to December 2022?

4.4 per cent

What is the percentage depreciation of the Nominal Effective Exchange Rate (NEER) of India from January to December 2022?

4.8 per cent

What is the main reason for the depreciation of the INR against the US dollar?

The strengthening of the US dollar

How has the external value of the INR vis-à-vis the US dollar moved during the year since the onset of the current geopolitical crisis?

Orderly movements

This quiz assesses your understanding of India's external debt, including its growth and ratio to GDP. It covers the current situation and optimal thresholds. Test your knowledge of India's economic indicators!

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