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


    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. 

    Practice Next
    ask-question