Q. Which of the following risk/s is/are faced by emerging economy/economies in 2022 – 23?
1.Elevated external borrowing costs
2.Sticky high inflation
3.Volatile commodity markets
Choose the correct answer from below given codes:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D

Explanation: The emerging markets face a host of risks emanating from elevated external borrowing costs, sticky high inflation, and volatile commodity markets, uncertain global economic growth outlook, and spill over’s from policy tightening in advanced economies.

Source: Economic Survey 2022 – 2023