2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the India’s position in gold holding, as per the latest report by the World Gold Council (WGC)?
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15th
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19th
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10th
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11th
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Explanation:
Detailed explanation-1: -World Gold Council Report: India ranked 4th in global gold recycling.
Detailed explanation-2: -India’s Gold Jewellery Demand Slips 2% To 600.4 Tonnes In 2022; Gold Imports Plunge 27% Total jewellery demand in India for 2022 was down by 2% to 600.4 tonnes as compared to 610.9 tonnes in 2021, it noted. The value of Indian gold jewellery demand in 2022 was up by 4% to ₹272,810 crores, from 2021 (₹261,150 crores).
Detailed explanation-3: -Gold reserves - additional information The United States has the largest gold reserve, with more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France.
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