Consider the following statements : 1. Most of India's external debt is owed by governmental entities. 2. All of India's external debt is denominated in US dollars. Which of the statements given above is/are correct?
a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
External SectorExternal Debt CompositionIndia's external debtgovernmental entitiesUS dollarsdenominatedpublic debtprivate debt