Question
What was the magnitude of the weekly decline in
India’s forex reserves as of August 1?Solution
The $9.3 billion drop in forex reserves was one of the significant weekly declines in recent years. This fall reflected RBI’s active foreign exchange market intervention, selling dollars to curb rupee depreciation caused by external tariff threats and global financial pressures.
Who has been named the next president of Marylebone Cricket Club ( MCC ) ?
Which of the following entities received a ‘Fit & Proper’ certificate from the RBI for potential acquisition of IDBI Bank?
Which exercise did the IAF contingent participate in Alaska, USA?
What is the prize amount associated with the now-discontinued JCB Prize for Literature?
Which country’s president visited India to enhance defense and energy ties?
When is India’s first Quantum Computing Valley expected to launch in Amaravati?
What was agreed upon in the G20 New Delhi Leaders Declaration regarding women's empowerment?
During which Olympic Games did Karnam Malleswari become the first Indian woman to win an Olympic medal?
What is one of the primary features of the newly launched Athlete Management System (AMS) by Hockey India aimed at nurturing talent?
What is the primary purpose of the Indian Banks' Association (IBA) forming the Sectoral Committee for GIFT City member banks?
