Sign up now
to enroll in courses, follow best educators, interact with the community and track your progress.
Download
Lesson-13 India's'Forex' and its component...last ten year trend and Economic Survey-2017-18
1,016 plays

More
Important for IAS pre-2108 : FOREX and Economic survey 2017-18

Rishi Jain
MBA,PGDFM Author of Bhavishya Arthik Patrika(for Civil Services), worked in SBI group for 7 years, teaching indian economy to UPSC student

Unacademy user
sir dollar to two times count ho gya....one in foreign currency another in SDR?
Really great teacher. the method of teaching is awesome . thankyou sir
🤣🤣😁vidya kasam.... sir Aapne bachpan ki Yaad dila di.Great effort, waiting for further lesson.
Really a great teacher vidya kasam
🌹vidya Kasam 🌹😄you are great Sir g.
  1. FOREX IN INDIA RBI IS THE CUSTODIAN OF FOREX IN INDIA


  2. Components of Forex reserve in India -Foreign Currency (Dollar)-75% . Gold Reserve with IMF SDR


  3. Forex in India 294 2006-07199.2 2007-08-309.7 2008-09 252,0 2009-10 -279 2010-11-304 2011-12 2012-13292 2013-14 2014-15 2015-16 350 2016-17 2017-18 400 304 341 365


  4. ECONOMIC SURVEY 2017-18 Reason why india's FOREX continuously increasing: 1. Increase in Foreign Investment(FDI and FPI) in India 2. Due to valuation effect of Dollar


  5. To cover Foreign Debt, India's FOREX has been increased from 78% to now 80% of Foreign Debt.


  6. Consider the following statement about FOREX in india: 1. India's FOREX has been continuously increasing since last five years 2. India's FOREX at present sufficient to be able to discharge 80% of Foreign Debt. Which of the above statement is/are correct a. only1 b. only 2 c. 1 and 2 d. none of the above


  7. Q. Which one of the following groups of items is included in India's foregin - exchange reserves? a. Foreign-currency assets, Special Drawing Rights ( SDRs) and loans from foreign countries b. Foreign-currency assets, gold holdings of the RBI & SDRs. c. Foreign-currency assets, loans from the World Bank and SDRs. d. Foreign-currency assets, gold holdings of the RBI and loans from the World Bank