Question
As of the week ending July 4, 2025, what was the exact
value of India’s total forex reserves?Solution
India’s foreign exchange reserves for the week ending July 4, 2025, stood at $699.736 billion, reflecting a decline of $3.049 billion compared to the previous week. This drop was primarily due to a $3.537 billion fall in foreign currency assets, despite increases in gold reserves and other components. The reserve figure remains slightly below the record high of $704.885 billion, which was seen in September 2024.
Which of the following will not contribute to a higher current account deficit?
(1) Increase in price of crude oil
(2) Rise in export of s...
The SDR is an international reserve asset created by the IMF in which of the following year?
Which of the following constitute Capital Account?
I. Foreign Loans
II. Foreign Direct Investment
III. Private Remittances
I...
Which of the following Tax is levied by Union and collected and appropriated by States?
The Paris Agreement is a legally binding international treaty on climate change whose overarching goal is to hold the increase in the global average t...
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if?
Which of the following statements regarding stocks and flows is/are correct?
1. Money supply is a stock whereas income is a flow.
2. GDP i...
Open - market operations of Reserve Bank of India refer to;
Consider the following:Â
1. Market borrowing
2. Treasury bills
3. Special securities issued to RBI
Which of these is/are co...
India and _____________ have agreed to step up their Clean Energy and Climate Partnership.