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    5. In FY24, what was the reported rise in India’s forex reserves due to the increase in foreign curre

    Question

    In FY24, what was the reported rise in India’s forex

    reserves due to the increase in foreign currency assets?
    A $2 billion Correct Answer Incorrect Answer
    B $3 billion Correct Answer Incorrect Answer
    C $4 billion Correct Answer Incorrect Answer
    D $5.1 billion Correct Answer Incorrect Answer
    E $6 billion Correct Answer Incorrect Answer

    Solution

    India’s foreign currency assets, the largest component of its forex reserves, rose by $5.1 billion in FY24.

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