Question
Which one of the following is not the possible reasons
for the Decline in India’s Forex Reserves?Solution
India’s forex reserves have fallen by USD 110 billion since September 2021 where it stood at a record high of USD 642.45 billion. It needs to be noted that Indian rupee is a freely floating currency, and its exchange rate is market determined. The RBI does not have any fixed exchange rate. Despite this drastic decline, India has been faring much better than several reserve currencies, EMEs (emerging market economies) and its Asian peers.
What is the name of the Indian naval exercise that was hosted by the Indian Navy in Visakhapatnam in February 2024?Â
Which of the following countries is the largest producer of tea in the world?
Which state's tableau was adjudged as the best in Republic Day Parade 2022?
Who was the first President of the United States?
Which Indian playback singer was awarded the Bharat Ratna?
Who was the winner of Asian Kabaddi Championship under 23?
State Bank of India (SBI) will be signing a_________Â Line of Credit (LoC) from the World Bank to support grid-connected rooftop solar photovoltaic pro...
What was the theme of the UNAIDS report released in 2024?
The ______Edition of Vietnam-India Bilateral Army Exercise “VINBAX 2022” began from 1st August to 20th August, 2022 at Chandimandir, Haryana.
...Virat Kohli is the brand ambassador of which of the following Foreign Bank?
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