Question

Consider the following statements about Foreign Exchange Reserves: 1. These may include foreign currencies, bonds, treasury bills, and other government securities. 2. Reserves are denominated and expressed in the US dollar. 3. SBI is the custodian of the Foreign exchange reserves in India. Which of the above statement is/are not correct?

A 1 only
B 2 only
C 3 only
D 1 and 2 only
E 1, 2 and 3 only
Practice Next

Hey! Ask a query