Question : Which of the following is not a type of official reserve asset?
Option 1: Gold
Option 2: foreign currencies
Option 3: Special Drawing Rights (SDRs)
Option 4: Stocks and bonds
Answer (1)
25th Jan, 2024
Correct Answer: Stocks and bonds
Solution :
The correct answer is (d) Stocks and bonds.
Stocks and bonds are not considered official reserve assets.Official reserve assets are the financial assets held by central banks and monetary authorities as a form of international reserve to support the stability and liquidity of a country's currency. They are typically highly liquid and widely recognized as a store of value.
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