Step 1: Calculate the pressure due to the depth of the liquid.
The hydrostatic pressure is given by:
\[
P_{{liquid}} = \rho g h
\]
Substituting the given values:
\[
P_{{liquid}} = 1000 \times 10 \times 0.2 = 2000 \, {N/m}^2
\]
Step 2: Use the pressure difference formula for the bubble.
The pressure difference inside the bubble is:
\[
\Delta P = \frac{4T}{r}
\]
where \( r = 0.001 \, {m} \) and \( \Delta P = 2100 \, {N/m}^2 \).
Solving for \( T \):
\[
T = \frac{2100 \times 0.001}{4} = 0.525 \, {N/m}.
\]
Thus, the surface tension of the liquid is approximately \( 0.05 \, {N/m} \).