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Current Affairs

Govt Liabilities Stood at Rs 93.89 Lakh Crore in Q3

Current context: The Finance Ministry released the Public Debt Management Quarterly Report on 18th March 2020 that showed, the total liabilities of the government increased to Rs 93.89 lakh crore at the end of December 2019.
Govt Liabilities Stood at Rs 93.89 Lakh Crore in Q3
  • The increase in the Government’s liability is about 3.2% as compared to the previous quarter.
  • The liabilities, including those under the public account, had stood at Rs 91,01,484 crore at the end of September 2019.
  • At the end of December 2019, Public debt accounted for 90.4% of total outstanding liabilities.
  • The proportion of debt (dated securities) maturing in less than one year was at 6.64% at the end of December 2019.
  • Also, the proportion of debt maturing within 1-5 years was also higher at 25.09%.
  • Debt maturing in the next five years worked out to 31.7% of total outstanding debt at the end of December 2019.

Question: 

Q.1 The total liabilities of the government stood at Rs __________ lakh crore at the end of December 2019? 
a. 82.76
b. 87.90
c. 93.89
d. 95.38
Govt Liabilities Stood at Rs 93.89 Lakh Crore in Q3 Govt Liabilities Stood at Rs 93.89 Lakh Crore in Q3 Reviewed by Neha Verma on March 21, 2020 Rating: 5

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