According to figures from the International Monetary Fund (IMF), India passed the United Kingdom (UK) to become the fifth-largest economy in the world in the last quarter of 2021.
India's external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, as per the Union Finance Ministry's 'Status Report on India's External Debt 2021-22'.
EXAMIANS