Question

    Which 5 countries’ central banks accumulated the most

    gold during FY 2023-24?
    A India, China, Russia, Turkey, Poland Correct Answer Incorrect Answer
    B USA, Germany, Japan, Italy, UK Correct Answer Incorrect Answer
    C USA, Germany, Japan, Italy, UK Correct Answer Incorrect Answer
    D Australia, Switzerland, Sweden, Norway, Denmark Correct Answer Incorrect Answer
    E Argentina, South Korea, Malaysia, Philippines, Indonesia Correct Answer Incorrect Answer

    Solution

    Explanation: These countries saw significant gold purchases in FY 2023-24 to diversify reserves.

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