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UPSC General Studies Solved Paper - General Studies-2013

  • question_answer
    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

    Correct Answer: B

    Solution :

    Exp. [d] India's foreign exchange reserves consist of the foreign-currency assets, gold, special drawing rights and the reserve tranche position in the International Monetary Fund. It does not consist of the loans from World Bank or from foreign countries.


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