India has emerged as the which of the following foreign exchange reserves holder?
A. 2nd largest
B. 3rd largest
C. 4th largest
D. 5th largest
Explanation:
India has emerged as the fifth largest foreign exchange reserves holder in the world after China, Japan, Switzerland and Russia. In a written reply in Lok Sabha, the Minister of State for Finance Pankaj Chaudhary said the country’s forex reserves stood at around 609 billion Dollars on 25th of last month.