GS-III: Economy, Environment, S&T
Forex reserves
Not met yet — counts as met once you answer a question on it.
India's foreign exchange reserves comprise four components: foreign currency assets (FCAs), gold reserves, Special Drawing Rights (SDRs), and the reserve tranche position with the IMF. RBI reports these weekly under the Foreign Exchange Management Act (FEMA), 1999. Adequate reserve buffers protect the rupee from speculative attacks, finance import cover (benchmarked at 3 months), and signal macroeconomic stability to sovereign credit rating agencies and foreign investors.