What is the rank of India, in terms of Forex reserves?

What is the rank of India, in terms of Forex reserves?

A. 3^rd

B. 5^th

C. 7^th

D. 8^th

Explanation:

The forex reserves of India crossed the $600-billion mark for the first time on the back of continued foreign investment flow into the capital markets. India is now less than $200 million behind Russia, which has an almost identical level of reserves. China has the highest Forex reserves with $3,399.9 billion of U.S. dollars. At that time India’s rank is 8^th after Japan, Switzerland, Russia, Saudi Arabia, Taiwan and Hong Kong.