Question
As of January, how many tonnes of gold did the Reserve
Bank of India purchase, marking its largest acquisition since July 2022?Solution
The RBI's purchase of 8.7 tonnes of gold in January was part of its strategy to diversify forex reserves and hedge against foreign currency risks, indicating a proactive approach to financial security amidst global economic fluctuations .
Which of the following statements is FALSE?
Regarding the Jan Shikshan Sansthan Scheme (JSS) consider the following statements:
1)Â Â Â The nodal ministry for JSS is the Ministry of Edu...
What is the maximum amount of ECB any eligible borrower can raise per financial year under the automatic route?
What are the tax benefits offered to companies operating in GIFT city?
Which of the following is true regarding the Motor Vehicles Act, 1988?
1)Â Â Â The act mandates that all motor vehicles in India must have th...
According to the Union Budget 2023-24, consider the following statements.Â
1. Monthly merchandise exports declined from US$ 39.7 billion in Apri...
Which of the following statements about the Pradhan Mantri Fasal Bima Yojana (PMFBY) is/are correct?
1) It is a crop insurance scheme launched by...
What is the minimum Net Owned Fund required for a Asset Reconstruction Company?
Under the IFSCA (Fund Management) Regulations, 2022, which of the following is correct regarding the minimum corpus requirement for a non-retail scheme ...
As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold offic...