Question:
On the basis of the size and composition of external debt, World Bank has classified India as a
On the basis of the size and composition of external debt, World Bank has classified India as a
Updated On: Oct 7, 2024
- heavily indebted country
- moderately indebted country
- less indebted country
- severely indebted country
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The Correct Option is B
Solution and Explanation
The World Bank is a global financial institution that provides loans, grants, and technical assistance to developing countries. The World Bank plays a significant role in promoting global development and addressing the challenges faced by developing countries.
The correct option is (B): moderately indebted country
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