Q1. Which of the following banks has reported a significant rise in its net short position in the forward book, which expanded to $77.5 billion by the end of January 2025, up from $67.9 billion in December 2024?
- (a) Bank of India
- (b) Indian Bank
- (c) State Bank of India
- (d) Reserve Bank of India
Answer & solution
Answer: (d) Reserve Bank of India