Read the following statements carefully and choose the correct alternative from the following:
Statement 1 - The present situation of global pandemic has forced the Government of India to borrow finances from the World Bank.
Statement 2 - The increase in the interest payment of the loan will be directly reflected in our fiscal deficit.
Alternatives:
(a) Both the statements are true
(b) Both the statements are false
(c) Statement 1 is true and Statement 2 is false
(d) Statement 2 is true and Statement 1 is false
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Answer:
d) Statement 2 is true and 1 is false
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