Question:
The foreign exchange reserve of India consists of ________
The foreign exchange reserve of India consists of ________
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Think of the three separate assets the RBI actually holds as reserves, not just one or two of them.
Updated On: Jul 16, 2026
- The foreign currency assets held by RBI and the gold holding of RBI
- The gold holding of RBI and special drawing rights
- The gold holding of RBI, the foreign currency assets held by RBI and special drawing rights
- Only the foreign currency assets held by RBI
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The Correct Option is C
Solution and Explanation
This question checks what makes up India's foreign exchange reserves, a basic banking and economy fact.
- A: Only two of the three parts. It leaves out special drawing rights (SDRs), so it is incomplete.
- B: Also incomplete. It drops the foreign currency assets, which are actually the biggest chunk of the reserves.
- C: Correct. India's forex reserves are made up of three parts held by the RBI: foreign currency assets (the largest share, mostly US dollars and other hard currencies), gold holdings, and special drawing rights (SDRs) issued by the IMF.
- D: Wrong for the same reason as A and B, it names only one part of the reserve.
The correct option is C, since RBI's forex reserves combine foreign currency assets, gold, and SDRs together.
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