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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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