🎖️ Defence📈 Economics

Which of the following statements is/are correct? 1. Most of India's reserves is held in the form of foreign currency. 2…

Q1
Which of the following statements is/are correct?1. Most of India's reserves is held in the form of foreign currency.2. There is no cost of holding foreign currency as reserves by a nation. Select the correct answer using the code given below.
a1 only
b2 only
cBoth 1 and 2
dNeither 1 nor 2
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