Question
What the NOT Correct about Foreign Exchange Reserves of
India? i. US dollar has highest share in the Forex reserves. ii. The reserves are managed by the Reserve Bank of India for the Indian government iii. Reserve Bank of India accumulates foreign currency reserves by purchasing from authorized dealers in open market operations.Solution
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets
In the question below there are four statements followed by three conclusions I, II and III. You have to take the four given statements to be true eve...
Statements: a. All spoons are forks.
b. All plates are forks.
c. All forks are bowls.
Conclusion...
Statements:
Only a few A is B
No B is C
Only a few C is D
Some D is E
Conclusions:
I). Â No A is C
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
Given below are three statements and three conclusions. Take the statements to be true even if they are at variance with commonly known facts, and decid...
Statements-
Some pens are sharpeners
All sharpeners are erasers
No eraser is ink
Some inks are pencil
Conclusions.<...
Statements: All pens are papers.
Some papers are not books.
All books are pencils.
Conclusions...
In the question below three statements are given followed by two conclusions. You have to take the given statements to be true even if they seem to be ...
Statements:
All clubs are pub.
No pub is a song.
All songs are music.
Conclusions:
I. All songs being...
Statements:
All Books are Flight.
Only a few Flight are Ticket.
No Ticket is a Memo.
Conclusions:
I. Some Fligh...