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By December 31, 2010, which among the following countries had the largest Foreign Exchange Reserve?
Question

By December 31, 2010, which among the following countries had the largest Foreign Exchange Reserve?

A.

France

B.

Germany

C.

Singapore

D.

India

Correct option is D

By December 31, 2010, India had a significant amount of foreign exchange reserves, placing it among the top holders globally. These reserves primarily include foreign currency assets, gold reserves, and special drawing rights (SDRs). The accumulation of foreign exchange reserves in India is largely due to its trade surplus, foreign investments, and remittances from Indians abroad. Among the options provided, India had the largest foreign exchange reserves during that period.

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