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 app launched by the Indian Coast Guard for healthcare management?
In which city is Dhebar Lake, also known as Jaisamand Lake, located?
Which organization publishes the Human Development Index (HDI)?
From which state does the distinguished tennis player Rohan Bopanna, who recently retired, originate?
Under Green-shoe option what is the maximum percentage of additional shares that it can sell-
The Nobel Peace Prize 2017 was won by
Uttar Pradesh's BC Sakhi initiative has facilitated financial inclusion transactions worth how much as of 2024?
Which among the following recently became the first country in the world to legalize equal pay at workforce?
The Tropic of Cancer passes through which of the following Indian states?
When was the Integrated Tribal Development Programme (ITDP) launched by NABARD?
Relevant for Exams:
