CAPF 2023Q67
Q: Adequacy of foreign exchange reserves of a country is captured by which of the following indicators? 1. Reserves to import ratio 2. Reserves to external debt ratio 3. Reserves to GDP ratio 4. Reserves to monetary aggregates Select the correct answer using the code below:
(a)1 and 3 only
(b)1, 2, 3 and 4
(c)2, 3 and 4 only
(d)1, 2 and 4 only
Correct Answer: (b)
Detailed explanation coming soon.