CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much tonnes of gold has been added by the Reserve Bank of India (RBI) during the financial year 2017-18?
A
5.37 tonnes
B
6.28 tonnes
C
7.82 tonnes
D
8.46 tonnes
Explanation: 

Detailed explanation-1: -As at end-March 2022, the Reserve Bank held 760.42 tonnes of gold, including gold deposits of 11.08 tonnes. The RBI’s gold reserves started increasing from the 2017-18 financial year, and in the last two years it went up over 100 tonnes.

Detailed explanation-2: -As at end-March 2022, the Reserve Bank held 760.42 metric tonnes of gold (including gold deposits of 11.08 metric tonnes).

Detailed explanation-3: -India ranks ninth in this list with 743.83 tonnes of gold reserves.

Detailed explanation-4: -The 292.3 tonnes of gold held by the RBI in Nagpur has been held for many years. Some since pre-Independence times, and some accumulated during the 1950s – 1960s.

Detailed explanation-5: -Rishi Bagree on Twitter: “RBI’s Gold Reserve 2014 - 557 Tonnes 2022 - 760 Tonnes A rise of 36%” / Twitter.

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