CURRENT AFFAIRS

Detailed explanation-1: -The Centre has notified the order in this regard and will come into force from June 1, 2022, the ministry said in a statement.

Detailed explanation-2: -1854. 15, 13 and 9 carat gold were introduced, indicated by marks denoting their actual fineness. A year later gold wedding rings were made liable for hallmarking for the first time.

Detailed explanation-3: -Gold. The BIS system of hallmarking of gold jewellery began in April 2000.

Detailed explanation-4: -Hallmarking – the oldest form of consumer protection. The concept of hallmarking itself dates to nearly 400 AD and was discovered on silver objects from the Byzantine period. The purpose of a hallmark is to certify the metal purity of the item, so you know what quality of gold, silver, or platinum you are buying.

Detailed explanation-5: -From June 1, 2022, jewellers can only sell hallmarked gold jewellery, irrespective of its purity. This would mean that every gold jewellery item irrespective of its caratage must be mandatorily hallmarked.