Civil Services Kerala (കേരളം) PSC KAS Prelims Test Series 2025 General Knowledge Economy External Sector and Currency Exchange rate
Which of the following statements is/are correct?
1. Most of India's reserves is held in the form of foreign currency.
2. There is no cost of holding foreign currency as reserves by a nation.
Select the correct answer using the code given below.
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2