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India’s foreign reserves does NOT consis...

India’s foreign reserves does NOT consist of which of the following ?

A

Gold

B

Carbon Bonds

C

Reserve Tranche Position (RTP)

D

Special Drawing Rights (SDR)

Text Solution

Verified by Experts

The correct Answer is:
B
Forex reserves consist of foreign currency assets, Special drawing rights, gold and reserve position in the IMF. Carbon copy is absent in the Forex reserve.
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