India's foreign exchange reserves, as maintained by the Reserve Bank of India (RBI), primarily consist of: 1. Foreign Currency Assets (FCA): These are assets held in foreign currencies, including deposits, foreign securities, and balances held abroad. 2. Gold reserves: Held by the RBI. 3. Special Drawing Rights (SDRs): An international reserve asset created by the International Monetary Fund (IMF).
Which of the following is not a component of India's foreign exchange reserves?
Asked in GPSC Prelims CSP 2 2021 · Topic: Foreign Exchange Market and Exchange Rate Determination (India's Exchange Rate Policy and Management of Foreign Exchange Reserves)
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Answer: D. None of the above
Read the notes: Foreign Exchange Market and Exchange Rate Determination →
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