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  9. Q19

BPSC (Bihar PCS) 2025 · Question 19 of 145

India’s foreign exchange reserves:

Economy

  1. AIncreased to around USD 640 billion as of the end of December 2024Correct
  2. BAre seventh largest in the world
  3. CDecreased caused by a BoP deficit of around USD 24 billion in 2024
  4. DMore than one of the above

Answer: A. Increased to around USD 640 billion as of the end of December 2024

Explanation

As per the Economic survey 2024- 25, as of December 2024, India’s foreign exchange reserves were USD 640.3 billion, making it the 4th largest globally after China, Japan, and Switzerland. According to the RBI data India’s Balance of Payments during the Fourth Quarter (January-March) of 2024-25 was USD 23.3 billion (0.6 per cent of GDP).

Source: 71st BPSC CCE Prelims 2025 (Set H)

← Q18View full paper (145 questions)Q20 →

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