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 Admissions 2025
Apply
Amongst top 3% universities globally (QS Rankings) | Ranked as India’s #1 Not for profit pvt. University by India Today
UPES MA Admissions 2025
Apply
Ranked #46 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 590+ Recruiters | Last Date to Apply: 14th August
Manav Rachna-MRIIRS B.A Admis...
Apply
NAAC A++ Grade | 41000+ Alumni network | Students from over 20 countries
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Shoolini University Admission...
Apply
NAAC A+ Grade | Ranked No.1 Private University in India (QS World University Rankings 2025)
Amity Online MBA
Apply
Apply for an Online MBA from Amity Online.
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