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    Question

    Which of the following state becomes the first State to

    Introduce Uniform Gold Price Based on Bank Rate?
    A Karnataka Correct Answer Incorrect Answer
    B Kerala Correct Answer Incorrect Answer
    C Tamil Nadu Correct Answer Incorrect Answer
    D Maharashtra Correct Answer Incorrect Answer
    E Gujarat Correct Answer Incorrect Answer

    Solution

    Kerala becomes the first state in India to launch uniform gold prices based on the bank rate. The decision to introduce a uniform price on 916 purity 22-carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds and key members of the All Kerala Gold and Silver Merchants Association.

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