UPSC Civil Services Prelims 2014
Question 6 of 53Indian Economy
Which one of the following is considered a non-debt creating capital flow for India?
AExternal Commercial Borrowings
BForeign Direct Investment
CSovereign Loans
DNRI Deposits
Correct Answer
The correct answer is hidden
Explanation
24 words hidden ... By contrast, external commercial borrowings, sovereign loans, and many deposit liabilities create debt-service ... 23 words hidden