📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which of the following is not a major gold trading

    center?
    A New York Correct Answer Incorrect Answer
    B London Correct Answer Incorrect Answer
    C Mumbai Correct Answer Incorrect Answer
    D Shanghai Correct Answer Incorrect Answer
    E All are major gold trading centres Correct Answer Incorrect Answer

    Solution

    Mumbai is not a major gold trading center. The major gold trading centers are New York, London, and Shanghai. London is the largest gold trading center in the world, followed by New York and Shanghai. The price of gold is largely determined by the London Bullion Market Association (LBMA), which sets the benchmark price for gold twice daily.

    Practice Next
    More Financial Management Questions
    • In the following question, match the statement from column 1 with column 2 and find which of the following pair of statements given in the options make...

    • In the following questions two columns are given containing three Sentences/phrases each. In first column, sentences/phrases are A, B and C and in the ...

    • In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...

    • In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...

    • (A)Climate change solutions will be

      Column (1)

      Match Column I and Column II and choose the correct match from the given choices

      Match Column I and Column II and choose the correct match from the given choice

      In each of the questions given below, a few words are given in two columns. Choose the best possible combination of synonyms as your answer from the gi...

      ask-question