| Foreign exchange reserves in India includes: |
| 1. Foreign Exchange Assets of RBI |
| 2. Gold stock of RBI |
| 3. SDR holding of the Government. |
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) All 1, 2 and 3
Correct Answer: D
Solution :
[d] In India, Foreign Exchange Reserves are the foreign assets held or controlled by the RBI. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
You need to login to perform this action.
You will be redirected in
3 sec
