Current Affairs · Banking and Economy
At the FIBAC 2025 conference, what specific milestone regarding India's external sector was highlighted in the Governor's address?
- 1India's GDP growth is expected to decline to 5% in FY 2025-26.
- 2The fiscal deficit is projected to increase to 6.2% of GDP in FY 2025-26.
- 3India's foreign exchange reserves stood at USD 695 billion as of August 2025.✓
- 4Inflation fell to a 5-year low of 3.1% in July 2025.
Correct answer
India's foreign exchange reserves stood at USD 695 billion as of August 2025.
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