Forex reserves of India - Ranking -General Economics & Indian Economy

Q.  Consider the following statements

1. Forex reserves of India shot up to an all-time high of $340 billion in March 2015.
2.Economic Survey 2014-15 said India could target Forex reserve of $750 billion-$1 trillion.
3. India has second largest forex reserves after China

Which of the above statements are correct?
- Published on 30 Apr 15

a. 1,2
b. 1,3
c. 2,3
d. All

ANSWER: 1,2
 
India ranked at ninth position according to statistics provided at end of March.

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