Current Affairs · Foreign Exchange Reserves
Which of the following was a primary reason for India’s foreign exchange (forex) reserves crossing the $650 billion mark in early 2025?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gold monetisation scheme domestic inflows
- 2Sustained capital inflows and revaluation gains from changes in the US dollar value✓
- 3Rise in crude oil prices and energy exports
- 4Surge in FDI inflows into manufacturing
Correct answer
Sustained capital inflows and revaluation gains from changes in the US dollar value
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