CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the rank of India in terms of its official gold reserves as per the Goldhub portal of the World Gold Council?
A
2nd
B
6th
C
9th
D
10th
Explanation: 

Detailed explanation-1: -9. India. It has managed to amass 743.83 tonnes of gold in its reserves.

Detailed explanation-2: -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.

Detailed explanation-3: -World Gold Council Report – 2022. According to the World Gold Council Report, China holds the first position in global gold recycling in 2021 as it recycled 168 tonnes of gold.

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