Which of the following are counted as Foreign Exchange Reserves of India 1 Reserve tr...........

Economic Affairs Balance of Payments

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Which of the following are counted as Foreign Exchange Reserves of India?

1. Reserve tranche held with IMF

2. SDRs

3. Gold Reserves

4. Foreign Currency Assets

Choose the correct Codes

1 and 2

2 and 3

1, 2 and 4

All of above

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Explanation:

All of the above are correct.

The Foreign exchange reserves of India are India's holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The reserves are managed by the Reserve Bank of India for the Indian government and the main component is foreign currency assets.