With the economy in the tailspin amid pandemic, the news of India’s Forex reserves touching the $500 billion mark for the first time provided the semblance of solace. Examine the factors that could explain this increase.10 Marks

Mentor’s comment-

  • https://finshots.in/archive/india-foreign-exchange-reserves/
  • In the intro, mention the importance of adequate Forex for a country.
  • In the body, you can cite factors like declining oil import, foreign investment, change in the RBI’s stance etc.
  • Conclude by mentioning India’s journey from 1991 to now in terms of Forex reserve.
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sunny gill
sunny gill
2 years ago
Dakshina Moorthy
Dakshina Moorthy
2 years ago

Please review the answer.

Chester
Chester
2 years ago
tejas
tejas
2 years ago
Deepika Saini
Deepika Saini
2 years ago

Please review

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NJ_00
NJ_00
2 years ago

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Parakh Sarda
Parakh Sarda
2 years ago

Please Review OrderID – ~0000232028

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