Which of the following is NOT a component of India's foreign exchange reserves? MCQ with Answer and Explanation

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Which of the following is NOT a component of India's foreign exchange reserves?

A. Foreign direct investment

B. SDRs

C. Foreign currency assets

D. Gold

Answer: Option A

Solution (By JKSSB Mock Tests)

FDI is a capital flow, not a component of foreign exchange reserves.

This question belongs to: Economy GK Economy Set 1

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Question #1

Under monopoly, price in equilibrium is typically:

A. greater than marginal cost

B. less than marginal cost

C. zero

D. equal to marginal cost

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Correct Answer: Option A

Explanation:
A monopolist charges a price greater than marginal cost and earns supernormal profit.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Full Budget' is presented after the interim budget when:

A. the RBI requests

B. the Supreme Court orders

C. elections are complete and the new government takes office

D. the President orders

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Correct Answer: Option C

Explanation:
The new government presents a full budget after taking office.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Norges Bank Investment Management' manages the sovereign wealth fund of:

A. Saudi Arabia

B. Norway

C. UAE

D. China

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Correct Answer: Option B

Explanation:
Norges Bank Investment Management manages Norway's Government Pension Fund Global.

This question belongs to: Economy GK Economy Set 1

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