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?

Consider the following statements:1. Most of India's external debt is

1.	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
Answer» E.