Question

    What was the total annual gold purchase by the RBI in

    2024?
    A 50 tonnes Correct Answer Incorrect Answer
    B 60 tonnes Correct Answer Incorrect Answer
    C 70 tonnes Correct Answer Incorrect Answer
    D 77 tonnes Correct Answer Incorrect Answer
    E 90 tonnes Correct Answer Incorrect Answer

    Solution

    In 2024, the Reserve Bank of India (RBI) purchased 77 tonnes of gold, marking a significant increase in its gold reserves. This is part of the RBI's strategy to diversify its foreign exchange reserves amid global economic uncertainties.

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