Solved UPSC CDS/OTA Question
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Q · RBI and Its PoliciesMedium · 45s
Which among the following is a tool to manage foreign exchange reserves?
TopicRBI and Its Policies
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Currency swaps are used by RBI to manage forex reserves and stabilize exchange rates.
Final Answer: Option C — SWAP