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Previous year MCQs
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UPPSC 2012 GS-1
Economy
Question
Who maintains the foreign exchange reserve in India?
A)
Reserve Bank of India
B)
State Bank of India
C)
Ministry of Finance, Government of India
D)
Export-Import Bank of India
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Next
Answer & Solution
Answer:
(Detailed Solution Below)
Option A:
Reserve Bank of India
Detailed Solution:
The correct answer is
“Reserve Bank of India”.
The Reserve Bank of India (RBI) manages India's foreign exchange reserves for the Indian government.
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