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

    Practice Next

    Relevant for Exams: