📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    What was India’s reserve position with the

    International Monetary Fund (IMF) after rising by $9 million in the week ending 12 September?
    A $4.1 billion Correct Answer Incorrect Answer
    B $4.3 billion Correct Answer Incorrect Answer
    C $4.5 billion Correct Answer Incorrect Answer
    D $4.7 billion Correct Answer Incorrect Answer
    E $4.9 billion Correct Answer Incorrect Answer

    Solution

    India’s reserve position with the IMF reached $4.7 billion after a $9 million increase. Although a smaller component of total reserves, it reflects India’s standing and commitments within the IMF. Alongside SDRs ($18.8 billion), gold, and foreign currency assets, it supports overall reserve strength.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question