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Consider the following statements regarding India’s gold imports.
1. India is the largest importer of gold in the world.
2. Majority of the gold demand is due to RBI’s requirements.
Which of the above statements is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements regarding India’s gold imports...
1. India is the seventh-largest country by land area and the second-most populous country in the world.
2. India is located in South Asia and shares borders with Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
3. India gained independence from British rule on August 15, 1947.
4. Hindi is the official language of India, but there are several other regional languages spoken across the country.
5. India is known for its diverse culture, with various religions, languages, and traditions coexisting.
6. The Indian economy is one of the largest in the world, with sectors such as information technology, pharmaceuticals, agriculture, and textiles contributing significantly to its growth.
7. The Indian film industry, commonly known as Bollywood, is one of the largest and most influential in the world.
8. India has a parliamentary system of government, with the President as the head of state and the Prime Minister as the head of government.
9. India is a nuclear-armed country and a member of the United Nations and other international organizations.
10. India has a rich history, with ancient civilizations such as the Indus Valley Civilization and the Maurya Empire, and has been ruled by various dynasties and empires throughout its history.
2. India is located in South Asia and shares borders with Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
3. India gained independence from British rule on August 15, 1947.
4. Hindi is the official language of India, but there are several other regional languages spoken across the country.
5. India is known for its diverse culture, with various religions, languages, and traditions coexisting.
6. The Indian economy is one of the largest in the world, with sectors such as information technology, pharmaceuticals, agriculture, and textiles contributing significantly to its growth.
7. The Indian film industry, commonly known as Bollywood, is one of the largest and most influential in the world.
8. India has a parliamentary system of government, with the President as the head of state and the Prime Minister as the head of government.
9. India is a nuclear-armed country and a member of the United Nations and other international organizations.
10. India has a rich history, with ancient civilizations such as the Indus Valley Civilization and the Maurya Empire, and has been ruled by various dynasties and empires throughout its history.
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Consider the following statements regarding India’s gold imports.1. India is the largest importer of gold in the world.2. Majority of the gold demand is due to RBI’s requirements.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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