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      Question

      India’s Forex Reserve comprises of which of the

      following assets? 1.    Foreign Currency Assets 2.    Gold 3.    Special Drawing Rights (SDRs) Select the correct answer using the code given below:
      A 1 and 2 only Correct Answer Incorrect Answer
      B 2 and 3 only Correct Answer Incorrect Answer
      C 1 and 3 only Correct Answer Incorrect Answer
      D 3 only Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      India’s forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India’s reserve position with the International Monetary Fund (IMF).

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