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What of the following does not form a part of the foreign exchange reserves of India?
  • a)
    Gold
  • b)
    SDRs
  • c)
    Foreign currency assets
  • d)
    Foreign currency and securities held by the banks and corporate bodies
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
What of the following does not form a part of the foreign exchange re...
Foreign currency and securities held by the banks and corporate bodies does not form a part of the foreign exchange reserves of India.
Hence the correct answer is option D.
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What of the following does not form a part of the foreign exchange reserves of India?a)Goldb)SDRsc)Foreign currency assetsd)Foreign currency and securities held by the banks and corporate bodiesCorrect answer is option 'D'. Can you explain this answer?
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