Question

    In FY24, what was the reported rise in India’s forex reserves due to the increase in foreign currency assets?

    A $2 billion Correct Answer Incorrect Answer
    B $3 billion Correct Answer Incorrect Answer
    C $4 billion Correct Answer Incorrect Answer
    D $5.1 billion Correct Answer Incorrect Answer
    E $6 billion Correct Answer Incorrect Answer

    Solution

    India’s foreign currency assets, the largest component of its forex reserves, rose by $5.1 billion in FY24.

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