Question

Which one of the following groups of items is included in India’s foreign – exchange reserves?
A) Foreign–currency assets Special drawing Rights SDRs and loans from for countries
B) Foreign–currency assets, gold holdings of the RBI and SDRs
C) Foreign–Currency assets, loans from the World Bank and SDRs
D) Foreign–currency assets, holdings of the RBI and loans from the World Bank

Answer 1

apne shi kha warld banks ke kardh hi hota hai

Answer 2

The correct answer is option (b).

The foreign exchange reserve of India is made up of the following:

1) Foreign currency assets - This includes foreign currency such as US dollars, Japanese yen, Canadian dollar, pound sterling, Australian dollars, etc.

2) Gold holdings - RBI presently holds gold of 566.23 metric tonnes.

3) SDRs or Special Drawing Rights of IMF - It is an international reserve asset to add to its member countries' official reserves.