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      Question

      RBI’s foreign currency assets represent holdings in

      which category? 
      A Public investments in foreign bonds Correct Answer Incorrect Answer
      B Foreign reserves like USD, EUR, GBP, YEN Correct Answer Incorrect Answer
      C Commercial bank assets abroad Correct Answer Incorrect Answer
      D Foreign currency bonds issued by RBI Correct Answer Incorrect Answer
      E Direct equity investments overseas Correct Answer Incorrect Answer

      Solution

      FCAs are the RBI’s financial reserves of foreign-denominated assets (like USD, EUR, GBP, YEN, etc.), held as foreign exchange reserves to support India’s currency stability and external commitments. 

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