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    Question

    IndiaтАЩs Forex Reserve comprises of which of the

    following assets? 1.┬а┬а┬а Foreign Currency Assets 2.┬а┬а┬а Gold 3.┬а┬а┬а 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

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

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