- The current account balance recorded a deficit of $ 38.8 billion against a surplus of $ 23.9 billion in the fiscal ended 2021.
- US dollar against major currencies amounted to $ 17.2 billion during 2021-22 as against a valuation gain of $ 11.9 billion during 2020-21.
- In the case of balance of payments foreign exchange reserves increased by $ 47.5 billion during 2021-22 as compared with $ 87.3 billion during 2020-21.
- Apart from that capital account surplus has increased to $ 86.3 billion, compared to a surplus of $ 63.4 billion.
- Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies, which can include bonds, treasury bills, and other government securities.
Question:
Q.1 According to recent RBI data,foreign exchange reserves increased by________in FY22?a. $20.3 Billion
b. $10.2 Billion
c. $30.3 Billion
d. $25.6 Billion
