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Which country remains as 12th largest foreign holder of US govt securities?
  • a)
    Brazil
  • b)
    Ireland
  • c)
    India
  • d)
    China
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which country remains as 12th largest foreign holder of US govt securi...
According to data compiled by US Treasury Department, India's exposure to US government securities stood at USD 144.7 billion at the end of 2017. During 2017, India increased its holding of American government securities for most of the months and remained the 12th largest overseas holder of such securities. India's 2017-end holding of US Government Securities at USD 144.7 billion marks an increment of nearly USD 26 billion as compared to USD 118.2 holding in December 2016. During 2017, the exposure was highest in September 2017 - at USD 145.1 billion.
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Which country remains as 12th largest foreign holder of US govt securities?a)Brazilb)Irelandc)Indiad)ChinaCorrect answer is option 'C'. Can you explain this answer?
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