Current Affairs · Foreign Exchange Reserves
India's foreign exchange reserves rose by $2.7 billion to reach $698.19 billion in the week ending July 25, 2025. Which of the following components historically and textually contributes the largest share to this overall portfolio and increase?
- 1Reserve Position in the IMF
- 2Foreign Currency Assets (FCAs)✓
- 3Gold Reserves
- 4Special Drawing Rights (SDRs)
Correct answer
Foreign Currency Assets (FCAs)
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