SSC Economics Sample Paper NCERT Sample Paper-6

  • question_answer
    Which of the following is the main component of Foreign Exchange Reserves?

    A)  Foreign Currency Assets

    B)  Gold

    C)  Special Drawing Rights

    D)  Reserve Tranche Position

    Correct Answer: A

    Solution :

    [a] The Foreign exchange reserves of India are mainly composed of US dollar in the forms of US government bonds and institutional bonds. The main component is foreign currency assets.

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