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MCQ Practice Test & Solutions: Daily Passage Test for CLAT - Nov 8 (5 Questions)

You can prepare effectively for CLAT Daily Passage Practice for CLAT with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Daily Passage Test for CLAT - Nov 8". These 5 questions have been designed by the experts with the latest curriculum of CLAT 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 10 minutes
  • - Number of Questions: 5

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Daily Passage Test for CLAT - Nov 8 - Question 1

As of January 17, 2025, what was India’s total foreign exchange (forex) reserves?

Detailed Solution: Question 1

India’s forex reserves stood at $623.983 billion as of January 17, 2025.

Daily Passage Test for CLAT - Nov 8 - Question 2

What was the amount of decline in forex reserves in the week ending January 17, 2025?

Detailed Solution: Question 2

The reserves declined by $1.88 billion from the previous week.

Daily Passage Test for CLAT - Nov 8 - Question 3

What is the largest component of India’s forex reserves?

Detailed Solution: Question 3

Foreign currency assets are the largest component, totaling $533.133 billion.

Daily Passage Test for CLAT - Nov 8 - Question 4

How much did India’s gold reserves increase to as of January 17, 2025?

Detailed Solution: Question 4

As of January 17, 2025, India’s gold reserves increased to $68.947 billion.

Daily Passage Test for CLAT - Nov 8 - Question 5

What are Special Drawing Rights (SDRs)?

Detailed Solution: Question 5

SDRs are international reserve assets created by the IMF.

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