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      Question

      As per the Gold Monetization Scheme, who can participate in the auction of Gold?

      A Only RBI Correct Answer Incorrect Answer
      B RBI and Banks Correct Answer Incorrect Answer
      C RBI, MMTC, and Banks Correct Answer Incorrect Answer
      D Only MMTC Correct Answer Incorrect Answer
      E RBI, SEBI, and Banks Correct Answer Incorrect Answer

      Solution

      According to the Gold Monetization Scheme, the Reserve Bank of India (RBI), Metals and Minerals Trading Corporation of India (MMTC), and Banks can participate in the auction of Gold. This facilitates the mobilization and utilization of gold held by individuals and entities.

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