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      Question

      Which component saw the largest increase in India’s

      forex reserves?
      A Gold reserves Correct Answer Incorrect Answer
      B Special Drawing Rights (SDRs) Correct Answer Incorrect Answer
      C Foreign currency assets Correct Answer Incorrect Answer
      D IMF reserve position Correct Answer Incorrect Answer
      E Currency derivatives Correct Answer Incorrect Answer

      Solution

      Foreign currency assets, the largest component of forex reserves, increased by $5.107 billion, which was the largest gain among all components.

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