Current Affairs · Foreign Exchange Reserves
Consider the following statements about India’s foreign exchange reserves around April 2025: 1. India's foreign exchange reserves successfully scaled past the historical $650 billion mark. 2. The accumulation was assisted by revaluation/valuation gains from fluctuations in the US dollar. 3. India's forex reserves comprise Foreign Currency Assets (FCAs), Gold, Special Drawing Rights (SDRs), and Reserve Position in the IMF. 4. The strong reserve level provided a robust import cover for the nation's trade requirements. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3, and 4✓
- 21, 2, and 4 only
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2, 3, and 4
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