Which of the following component of India’s forex reserves witnessed the highest increase during the reported period?

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(a) Gold reserves
(b) SDRs (Special Drawing Rights)
(c) Foreign Currency Assets (FCAs)
(d) IMF Reserve Position

Ans.(c)
Sol. According to the Weekly Statistical Supplement released by the RBI, FCAs surged by $11.19 billion, showing the highest increase among all the components of India’s forex reserves.

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