RBI Grade B Officers Aug 2014 Paper

(4) As per the data revealed by theUnion Finance Ministry on 9 July2014, India’s foreign exchangereserves increased from US292.0billionatendMarch2013toUS 304.2 billion at end March2014. The India’s balance-of-paymentsposition improved dramaticallyin 2013-14 with current accountdeficit at US 32.4billionasagainstUS 88.2 billion in2012-13.