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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