Question 24 of 24intermediate🔧 ApplyShort Answer3 marks
Do you know that for a very long time countries used to keep silver and gold as reserves to make payments abroad? Find out in what form do we keep our foreign exchange reserves and find out from newspapers, magazines and the Economic Survey how much foreign exchange reserves India had during the last year. Also find the foreign currency of the following countries and its latest rupee exchange rate.
| Country | Currency | Value of 1(one) unit of foreign currency in Indian rupee |
|---|---|---|
| U.S.A. | ||
| U.K. | ||
| Japan | ||
| China | ||
| Korea | ||
| Singapore | ||
| Germany |
Correct Answer
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Exercise: Work These Out | Q: 4 | (Chapter: Page 8)