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Rajan

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· 1 Months ago

wrong answer (Question: 186758.0 )

conflict answer and explannation

Question:

The Indian Foreign Exchange Reserve consists of 

1. Foreign Direct Investment

2. World Bank Money

3. Gold Reserve held by RBI 

Select the correct answer using the codes given below:

Options:
A)

Both A and C

B)

Only C

C)

Only A

D)

All of the above

E)

None of the above

Solution:

The Foreign exchange reserves of India consists of: Foreign Currency Assets (usually In different reserve currencies, mostly the United States dollar, and to a lesser extent the Euro, the Pound sterling, and the Japanese yen), Gold Reserves held by the RBI, Special Drawing Rights (SDRs), and the Reserve Position in the IMF.

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