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Question

What operation concerning India’s gold reserves was reported in May 2024?

The correct answer is

Bringing gold reserves back from the Bank of England

Reports in May 2024 described the RBI bringing about 100 tonnes of gold from the United Kingdom back to India for domestic storage.

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Important Questions from Money and Banking

  1. Match List I with List II :

    List I 

    Indian Notes (New Currency)

    List II 

    Pictures

    (A) ₹10(I) Ellora Caves
    (B) ₹100(II) Konark, Sun Temple
    (C) ₹500(III) Rani Ki Vav
    (D) ₹20(IV) Red Fort

    Choose the correct answer from the options given below :

  2. In which year was the Reserve Bank of India established? 

  3. In which year was the 'Reserve Bank of India' established?
  4. Which of the following is NOT a component of the Fiscal Policy in India?
  5. What is the real interest rate on a Credit Card loan bearing 24% interest per year, if the rate of inflation is 10%?
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