The Foreign Exchange Reserves in India include
- Foreign Exchange Assets of the Reserve Bank of India (RBI)
- Gold Stock of RBI
- Special Drawing Rights (SDR) holding of the Government
- Reserve Tranche Position
Find the correct options.
-
1 and 3
-
1, 2 and 3
-
1, 3 and 4
-
All of them
D
Correct answer
Explanation
The foreign exchange reserves of India include Foreign Exchange Assets of the Reserve Bank of India, Gold Stock of RBI, Special Drawing Rights (SDR) holding of the Government and Reserve Tranche Position (The difference between a member's quota and the IMF's holdings of its currency is a country's Reserve Tranche Position.)