UPSC Essentials brings to you its initiative of subject-wise quizzes. These quizzes are designed to help you revise some of the most important topics from the static part of the syllabus. Attempt today’s subject quiz on the Economy to check your progress.

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QUESTION 1

The basic parameters of the Reserve Bank’s policies for foreign exchange reserves management are:

1. Safety

2. Sustainability

3. Stability

4. Liquidity

5. Returns

Select the correct answer using the codes given below:

(a) 1, 2 and 3

(b) 3, 4 and 5

(c) 2, 3 and 4

(d) 1, 4 and 5

Explanation

— The Reserve Bank of In

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