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Economics › Foreign Exchange,Currency Devaluation

Economics › Foreign Exchange,Currency Devaluation

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

Options

(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)