Question

Consider the following statement regarding the Reserve Bank of India's (RB

  • I actions and reports, on foreign currency liquidity management,   1. The RBI sold a net total of $3.64 billion worth of foreign currency in April 2024. 2. The RBI's net outstanding forward sales by the end of April stood at $16.25 billion. 3. In March 2024, the RBI had a net purchase of $8 billion in the spot market. Which of the above statements is/are correct?
A 1 only
B 2 only
C 1 and 2 only
D 2 and 3 only
E 1, 2, and 3
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