What was India's foreign exchange reserve as of August 28, 2026?
- A$729.328 billion
- B$728.494 billion
- C$740.803 billion
- D$750.803 billion
Correct Answer: C
According to the RBI, India's foreign exchange reserves rose by $11.475 billion to reach a record high of $740.803 billion on August 28, 2026, driven primarily by increases in Foreign Currency Assets (FCA) and gold reserves. Meanwhile, marginal declines were recorded in SDRs and the IMF reserve position; high foreign exchange reserves strengthen India's external payment capacity and the stability of the rupee.
This question is part of 7 September 2026 Current Affairs Quiz | Daily GK MCQs Online Test.
Attempt the full quiz →
Rate this question
★
★
★
★
★
Tap a star to rate