13 Views

Question : Which of the following is not a major international reserve currency?

Option 1: US dollar
   

Option 2: Euro
 

Option 3: Japanese yen

   

Option 4: Indian rupee


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Indian rupee


Solution : The correct answer is d) Indian rupee

The Indian rupee is not considered a major international reserve currency. The major international reserve currencies are typically those widely held by central banks and used in significant global transactions. As of my knowledge cutoff in September 2021, the major international reserve currencies are the US dollar (a), the euro (b), the Japanese yen (c), and the British pound sterling.

While the Indian rupee is an important currency within India and used for domestic transactions, it is not as widely held or used in international trade and finance compared to the major reserve currencies. However, please note that currency dynamics and reserve currency status can evolve over time, so it is always important to stay updated with the latest developments.

 

Related Questions

Amity University-Noida BA Adm...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Chandigarh University Admissi...
Apply
NAAC A+ Accredited | Among top 2% Universities Globally (QS World University Rankings 2026)
Manav Rachna-MRIIRS B.A Admis...
Apply
Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries
ICFAI Jharkhand B.A Admission...
Apply
Education World: Ranked 2nd in Jharkhand by Education World India Private Universities Ranking-2021
Navrachana University B.A Adm...
Apply
Ranked as the 3rd Best Private University in Gujarat by Education World
University of Southampton Del...
Apply
B.Sc (Hons) Admissions 2026 Now Open | Ranked Among the Top 100 Universities in the World by QS World University Rankings 2025 | Early Round 2 Appl...
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books