{"id":110561,"date":"2021-03-19T12:28:54","date_gmt":"2021-03-19T12:28:54","guid":{"rendered":"https:\/\/www.edristi.in\/?p=110561"},"modified":"2021-03-19T12:28:56","modified_gmt":"2021-03-19T12:28:56","slug":"indias-foreign-exchange-reserves-2","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/indias-foreign-exchange-reserves-2\/","title":{"rendered":"India\u2019s foreign-exchange reserves"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question : India has reached which place in the list of countries with the highest foreign exchange reserves?<br><\/strong>(a) Fourth<br>(b) Fifth<br>(c) Sixth<br>(d) Seventh<br><strong>Ans.(a)<br>Related facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently(March 21), beating Russia, India has become the fourth largest country in the world in terms of foreign exchange reserves.<\/li><li>In fact, the RBI has continued to deposit dollars to protect the economy from any kind of damage.<\/li><li>Reserves for India and Russia have mostly flattened out this year after months of rapid increase.<\/li><li>India pulled ahead as Russian holdings declined at a faster rate in recent weeks.<\/li><li>India\u2019s foreign currency holdings fell by 4.3 billion dollar to 580.3 billion dollar as of March 5, edging out Russia\u2019s $580.1 billion pile.<\/li><li>Other country\u2019s foreign exchange reserve<\/li><li>Top three countries regarding forex are &#8212; China&gt;Japan&gt;Switzerland.<\/li><li>It is notable that India\u2019s reserves, enough to cover roughly 18 months of imports, have been bolstered by a rare current-account surplus, rising inflows into the local stock market and foreign direct investment.<\/li><li>The RBI bought a net $88 billion in the spot forex market last year, central bank data show.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8212; Pankaj Pandey.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/www.business-standard.com\/article\/economy-policy\/india-fx-reserves-surpass-russia-s-to-become-world-s-4th-biggest-121031400470_1.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.business-standard.com\/article\/economy-policy\/india-fx-reserves-surpass-russia-s-to-become-world-s-4th-biggest-121031400470_1.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : India has reached which place in the list of countries with the highest foreign exchange reserves?(a) Fourth(b) Fifth(c) Sixth(d) SeventhAns.(a)Related facts Recently(March 21), beating Russia, India has become the fourth largest country in the world in terms of foreign exchange reserves. In fact, the RBI has continued to deposit dollars to protect the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":110562,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-110561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=110561"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110561\/revisions"}],"predecessor-version":[{"id":110563,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110561\/revisions\/110563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/110562"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=110561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=110561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=110561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}