Which one of the following groups of items is included in Indias foreign-exchange reserves?

examrobotsa's picture
Q: 58 (IAS/2013)
Which one of the following groups of items is included in India’s foreign-exchange reserves?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,307,156,107,307,17,32

keywords: 

{'currency assets': [0, 0, 0, 1], 'reserves': [1, 0, 0, 5], 'gold holdings': [0, 0, 0, 1], 'rbi': [1, 4, 2, 23], 'foreign countries': [1, 0, 0, 0], 'world bank': [0, 1, 0, 3], 'india': [8, 1, 7, 13], 'exchange': [0, 1, 2, 4], 'sdrs': [0, 0, 0, 2], 'loans': [1, 1, 4, 14], 'items': [3, 4, 8, 15]}

The correct answer is:

Foreign-currency assets, gold holdings of the RBI, and SDRs

India`s foreign-exchange reserves typically include foreign-currency assets (such as foreign currencies held in reserve), gold holdings of the Reserve Bank of India (RBI), and Special Drawing Rights (SDRs) issued by the International Monetary Fund (IMF). Loans from foreign countries and the World Bank are not typically considered part of foreign-exchange reserves.