In which of the following district of Bihar have a Gold Reserve?a)Jamu...
Gold Reserve in Bihar
Gold reserves refer to the quantity of gold held by a country or a specific region. In the case of Bihar, there are no official records or reports indicating the presence of gold reserves in any district. Therefore, the correct answer to the given question is option 'E': None of the above/More than one of the above.
Explanatory Points:
1. Gold Reserves:
- Gold reserves are typically held by central banks or monetary authorities as a store of value and to support the stability of the national currency.
- These reserves can be used to intervene in the foreign exchange market, provide liquidity in times of crisis, or serve as a hedge against economic uncertainties.
2. Bihar:
- Bihar is a state located in eastern India and is known for its rich cultural heritage and historical significance.
- It is one of the most populous states in India and has a diverse economy, with agriculture being a significant sector.
3. Districts of Bihar:
- Bihar is divided into various districts for administrative purposes.
- Some of the prominent districts in Bihar include Patna, Muzaffarpur, Bhagalpur, Gaya, Samastipur, and Madhubani.
4. Gold Reserves in Bihar:
- There is no verified or official information about the presence of gold reserves in any district of Bihar.
- Gold mining or extraction activities are not prevalent in the state.
- Bihar's economy primarily relies on agriculture, industry, and services sectors.
Conclusion:
Based on the available information, Bihar does not have any officially recognized gold reserves in any of its districts. The correct answer to the question is 'E': None of the above/More than one of the above.
In which of the following district of Bihar have a Gold Reserve?a)Jamu...
Gold reserve in Bihar
- Gold is a precious mineral used as an ornament and international currency. Also used in dentistry and carving.
- Gold deposits are in Gaya, Nalanda and Jamui districts. Hence, Option 5 is correct.
- As per National Mineral Inventory, the total resources of primary gold ore in the country as of 1.4.2015 are estimated at 501.83 million tonnes with 654.74 tonnes of gold metal and out of this, Bihar is endowed with 222.885 million tonnes (44%) of ore containing 37.6 tonnes of metal.
- The Indian Geological Survey [GSI] confirmed gold deposits in the Kabutra and Nakia hill regions of Rajgir and Karmatia, Rani hill, Badmaria, Marhi hill in Sono block in Jamui district.
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