Question

Which of the following Statements about the Foreign Exchange Reserve is/are True?

I- India has 2nd highest foreign Exchange reserve.

II- China has the largest forex reserve.

III- Russia is among the Top 5 foreign exchange reserve holder.

A Only I Correct Answer Incorrect Answer
B Only II Correct Answer Incorrect Answer
C I & II Correct Answer Incorrect Answer
D II & III Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

China – $3,349 Billion Japan – $1,376 Billion Switzerland – $1,074 Billion India – $612.73 Billion Russia – $597.40 Billion

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