Economics · External Sector Management
With reference to India's external sector management in recent years, consider the following: 1. RBI has permitted invoicing and settlement of international trade in Indian Rupees. 2. SDR allocations by the IMF are recorded under the Current Account. 3. Foreign Exchange Reserves include Special Drawing Rights (SDRs). Which of the statements given above are correct?
- 11 and 3 only✓
- 21 only
- 32 and 3 only
- 41, 2 and 3
Correct answer
1 and 3 only
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