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  1. How much was the Foreign reserves of India, as on August 1st, 2014?
    1. 319.9 bn US$
    2. 321.4 bn US$
    3. 323.5 bn US$
    4. 318.7 bn US$
Correct Option: A

After rising for eight consecutive weeks, India's foreign exchange reserves declined by $ 573.5 million to $ 319.99 billion in the week to August 1 on the back of a major drop in foreign currency assets.



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