Question

    Which of the following is not a component of the

    Foreign Exchange Reserve of India?
    A US Dollars Correct Answer Incorrect Answer
    B US Government Bonds Correct Answer Incorrect Answer
    C Gold Correct Answer Incorrect Answer
    D Special Drawing Rights (SDRs) Correct Answer Incorrect Answer
    E Reserve Tranche Position in the World Bank Correct Answer Incorrect Answer

    Solution

    The Foreign exchange reserves of India consists of four categories- i. Foreign Currency Assets ii. Gold iii. Special Drawing Rights (SDRs) iv. Reserve Tranche Position in the IMF

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