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With reference to the Forex reserve, consider the following statements:1. SEBI is the custodian of the Foreign exchange reserves in India.2. It checks the balance payments and influences the foreign exchange rate of its currency and maintains stability in financial markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Forex reserve, consider the following statements:1. SEBI is the custodian of the Foreign exchange reserves in India.2. It checks the balance payments and influences the foreign exchange rate of its currency and maintains stability in financial markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Forex reserve, consider the following statements:1. SEBI is the custodian of the Foreign exchange reserves in India.2. It checks the balance payments and influences the foreign exchange rate of its currency and maintains stability in financial markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.

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