getgyan
Foreign exchange reserves,
often taken to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities
The quick choices that must be made along the lines of options are whether to choose
to be, or as, or forMeaning
Foreign exchange reserves are the foreign currency deposits and bonds under the control of central banks or monetary authorities and foreign exchange are often considered as yardstick to gauge the country's financial strength,
POE
Here the Financial reserves perform the function of a meter to gauge the country's financial strength. So as is best served for the purpose.
So option A, D, E can be eliminated.
Between B,C C is suited better as it obeys SVA
A. often taken
to be a yardstick for gauging a country's financial strength, are the foreign currency deposits and bonds held by
B. often taken as a yardstick to gauge a country's financial strength,
is the foreign currency deposits and bonds held by
C. often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by
D. often taken
for a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds being held by
E. often taken
to be a yardstick for the gauging a country's financial strength, is the foreign currency deposits and bonds held by