Question
The Indian government recently reduced the customs duty
on gold. What is the new customs duty rate? Refer to the following information to answer the next 4 questions (Q23 to Q26) The Indian government has introduced a unique investment opportunity linked to the value of gold, aimed at reducing the physical demand for the precious metal and promoting financial savings. This investment option is available in electronic form and is designed to provide both a fixed interest income and the potential for capital appreciation based on the prevailing market price of gold. The bonds can be held by individuals, trusts, and other eligible entities, offering a safer and more cost-effective alternative to holding physical gold. Investors are required to meet certain minimum investment criteria, and the bonds come with a specified tenure during which they are held. These bonds are also eligible for trading on stock exchanges, providing liquidity to investors. Currently, the Reserve Bank of India (RBI) has raised funds equivalent to 139 tonnes of gold through SGBs, which is alarming when compared to the 822 tonnes of gold reserves held by the Central Bank. SGBs now account for 17% of India's gold reserves—a significant portion without physical backing.Solution
Finance Minister Nirmala Sitharaman in Budget 2024 on July 23, proposed to cut custom duty on gold and silver to 6%.
Among the given alternatives you have to find the word which can be the best substitute for the given sentence.
Sets of principles concerned w...
The loop of rope with a running knot used to hang a person.
Select the option that can be used as a one-word substitute for the given group of words.
One who collects coins
Direction: In the given question, four words are printed in bold and are numbered . Of these, the positions of two of these words may be incorrect and...
Select the most appropriate option that can substitute the bold segment in the given sentence.
Not only is my brother intelligent though hard w...
Select the option that can be used as a one-word substitute for the given group of words.
To walk aimlessly
 Among the given alternatives, find the word which can be the best substitute for the given sentence.
One who often talks of his achievements...
Choose the word that can substitute the given group of words.
A religions war
select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it , select ‘ No Substituti...
Select the most appropriate option to substitute the highlighted segment. If no substitution is required select 'No substitution'.
No other girl ...
