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GS Question

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In the context of the Indian economy, non-financial debt includes which of the following?

1. Housing loans owed by households 2. Amounts outstanding on credit cards 3. Treasury hills

Select the correct answer using the code given below:

(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 1, 2 and 3