Current Affairs · Economy
RBI's latest report on India's external reserves distinguishes between nominal changes and real flows to enhance clarity in reserve accounting. Consider the following statements regarding the variation in India's Foreign Exchange Reserves during April - June 2025: 1. On a balance-of-payments basis (excluding valuation effects), reserves increased by US$ 4.5 billion. 2. In nominal terms (including valuation effects), reserves rose by US$ 29.8 billion. 3. The large nominal increase primarily reflected higher export receipts rather than valuation changes. Which of the statements given above is/are correct?
- 11 and 2 only✓
- 22 and 3 only
- 31 and 3 only
- 41, 2 and 3
Correct answer
1 and 2 only
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