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Which of the following is/are included under Forex Reserve of India?
Select the correct code.
1 only
2&3 only
1&2 only
All of the above
All statements are correct.
Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies, which can include bonds, treasury bills and other government securities.
It needs to be noted that most foreign exchange reserves are held in US dollars.
India’s Forex Reserve include
Foreign Currency Assets
Gold reserves
Special Drawing Rights
Reserve position with the International Monetary Fund (IMF).
Hence option 4th is correct.
By: Shubham Tiwari ProfileResourcesReport error
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