Question

    Which among the following constitutes the foreign

    exchange reserves of India as maintained by the RBI?
    A Gold Correct Answer Incorrect Answer
    B Special Drawing Rights by IMF Correct Answer Incorrect Answer
    C IMF Reserve Positions Correct Answer Incorrect Answer
    D Both A and B Correct Answer Incorrect Answer
    E A, B and C are correct Correct Answer Incorrect Answer

    Solution

    RBI maintains the foreign exchange reserves of India. The reserves include the foreign exchange and gold, Special Drawing Rights with the IMF and the IMF Reserve Positions. The foreign exchanges are dealt with in India by the authorized dealers as per the FIMMDA guidelines.

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