CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Q. India’s Forex Reserves’ comprises of:

A

Foreign Currency Assets, Gold reserves, Special Drawing Rights and India’s reserve position with IMF.
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B

G-secs, Special Drawing Rights, Gold reserves and India’s reserve position with the IMF.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Foreign Currency Assets, Special Drawing Rights, and Gold reserves.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Foreign Currency Assets, Bonds of different countries, Special Drawing Rights and India’s reserve position with the IMF.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A
Foreign Currency Assets, Gold reserves, Special Drawing Rights and India’s reserve position with IMF.
Explanation:

India's forex reserves comprises of
  1. Foreign Currency Assets (FCAs)
  2. gold reserves
  3. Special Drawing Rights (SDRs)
  4. India's reserve position with the International Monetary Fund.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Industry and Trade
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon