Madanapalle Institute of Technology and Science, Madanapalle
With an AP ICET rank of 28,950, you have a fair chance of getting an MCA seat at Madanapalle Institute of Technology and Science (MITS), depending on the category you belong to and the availability of seats. MITS generally offers admissions based on cutoff ranks, which can vary annually. If
Question : Which of the following does not form a part of the foreign exchange reserve of India?
Option 1: Gold
Option 2: SDRs
Option 3: Foreign currency assests
Option 4: Foreign currency and securities held by the banks and corporate bodies
Correct Answer: Foreign currency and securities held by the banks and corporate bodies
Solution : Correct Answer is Foreign currency and securities held by the banks and corporate bodies
A central bank's holdings in foreign currencies are known as foreign exchange reserves. These reserves are employed to support obligations and
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