Free Courses Sale ends Soon, Get It Now
GS PAPER III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Context: Reserve Bank of India (RBI) Governor said India’s forex reserves may have crossed record level of $600 billion on the back of robust capital flows.
What are forex reserves?
Why are forex reserves rising despite the slowdown in the economy?
What’s the significance of rising forex reserves?
What does the RBI do with the forex reserves at its disposal?
© 2024 iasgyan. All right reserved