CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the latest release by the World Gold Council, which spot has been given to India in terms of total gold reserves?
A
5th
B
8th
C
10th
D
12th
Explanation: 

Detailed explanation-1: -India Gold Reserves was reported at 41.291 USD bn in Dec 2022 See the table below for more data.

Detailed explanation-2: -Gold Reserves in India averaged 497.97 Tonnes from 2000 until 2022, reaching an all time high of 787.40 Tonnes in the fourth quarter of 2022 and a record low of 357.75 Tonnes in the second quarter of 2001.

Detailed explanation-3: -This statistic presents the gold reserves of largest gold holding countries worldwide as of the third quarter of 2022. At that time, the central bank of the United States held approximately 8,133.5 metric tons of gold. The United States has the largest gold reserve, with more than 8,000 metric tons of gold.

Detailed explanation-4: -At present, Hutti in Raichur district is the biggest gold mine in India. The gold in Kolar Gold Fields has almost been exhausted or is of low grade. Gold is also produced in Bellara in Tumakuru district and Ajjanahalli near Sira.

There is 1 question to complete.