What is the difference between bullion and numismatics?
Bullion is the term used to describe precious metals such as gold, silver, and platinum, which are traded primarily for their intrinsic value rather than their face value or collectibility. Bullion can take the form of bars, coins, or ingots and is typically used as a store of value or as a hedge against inflation or economic instability. Numismatics, on the other hand, refers to the study and collection of coins, paper currency, and medals. Numismatists are interested in the historical and cultural significance of coins as well as their rarity and condition. While bullion coins may also have some collectible value, they are primarily valued for their precious metal content. Therefore, option A is the correct answer. Note: Please note that the term "Bullion" is commonly used to describe precious metals in their physical form and is often traded in the form of bars or coins.
What is the full form of PRAN?
As per RBI guidelines for ARCs, an asset becomes non-performing when the interest or principal is overdue for a period of how many days from the date o...
Which of the following Bank has been permitted to set up its subsidiary in IFSC for providing specialized services as per Union Budget 2023 announcements
Which process is being referred to in the above passage?
Which of the following actions most emerging economies took after facing with the prospects of global stagflation, nations, feeling compelled to protect...
RBI introduced the Scale based regulatory framework for NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ...
Which of the following is applicable on Dynamic QR code of on B2C invoices under GST applicable from July 2021?
Financial inclusion is a crucial aspect of promoting economic growth and reducing poverty. Which of the following strategies are commonly used to enhanc...
Simi's boss encourages employees to participate in the decision-making process but does not give them complete freedom to do as they like. The leadershi...
Which of the following are parameters for evaluating whether the bank (Scheduled Commercial Bank) is to be brought under the ambit of Prompt corrective ...