WBCS.LIVE practice question

Which of the following does not form a part of the foreign exchange reserves of India?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Gold
  2. SDRs
  3. Foreign currency assets
  4. Foreign currency and securities held by the banks and corporate bodies

Correct answer and explanation

Correct answer: Foreign currency and securities held by the banks and corporate bodies