Multiple Choice Questions on Which one of the following groups of items is included in India rsquo s foreign exchange reserves ........ for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Which one of the following groups of items is included in India rsquo s foreign exchange reserves ........

Economic Affairs Balance of Payments
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    Which one of the following groups of items is included in India’s foreign-exchange reserves?

    This questions was previously asked in
    UPSC CSP Previous Year Paper (2013)
    View All IAS Previous Year Papers

    Foreign-currency assets, Special Drawing Rights (SDRs) and loans from foreign countries.

    Incorrect Answer

    Foreign-currency assets, gold holdings of the RBI and SDRs

    Correct Answer

    Foreign-currency assets, loans from the World Bank and SDRs

    Incorrect Answer

    Foreign-currency assets, gold holdings of the RBI, and loans from the World Bank

    Incorrect Answer
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    Explanation:

    India's foreign exchange reserves comprise foreign currency assets (FCA), gold, special drawing rights (SDRs) and reserve tranche position (RTP) in the International Monetary Fund (IMF).

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