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      Question

      By how much did India’s gold reserves rise in the week

      ending 12 September?
      A $1.0 billion Correct Answer Incorrect Answer
      B $1.5 billion Correct Answer Incorrect Answer
      C $2.1 billion Correct Answer Incorrect Answer
      D $2.5 billion Correct Answer Incorrect Answer
      E $0.9 billion Correct Answer Incorrect Answer

      Solution

      Gold reserves increased by $2.1 billion, contributing significantly to the overall forex reserve rise. Along with a $2.5 billion increase in foreign currency assets, this pushed total reserves to $703 billion. Gold adds diversification and acts as a safeguard against currency risks.

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