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Which one of the following groups of items is included in India’s foreign-exchange reserves

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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)

Core Books/NCERT

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).