Economics · Economy
With reference to India's Foreign Exchange (Forex) reserves management, which of the following statements is/are correct? I. The Reserve Bank of India (RBI) acts as the custodian and manager of India's Forex reserves. II. India's forex reserves are diversified across foreign currency assets, gold, Special Drawing Rights (SDRs), and the reserve position with the IMF. III. The reserves have shown fluctuations rather than a consistent year-on-year decline since 2010.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I only
- 2I and II only
- 3II and III only
- 4I, II, and III✓
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I, II, and III
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