RRaahUPSC
2013 · EconomyPrevious Year Question
Q33.
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 foreign 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, gold holdings of the RBI, and loans from the World Bank
Answer

B

Explanation

India's foreign exchange reserves comprise foreign currency assets (FCA), gold, special drawing rights (SDRs), and reserve tranche position in the International Monetary Fund (IMF). Loans from foreign countries or the World Bank are not part of forex reserves.
← PreviousNext →