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      Question

      As of January, how many tonnes of gold did the Reserve

      Bank of India purchase, marking its largest acquisition since July 2022?
      A 8.7 tonnes Correct Answer Incorrect Answer
      B 17.7 tonnes Correct Answer Incorrect Answer
      C 10 tonnes Correct Answer Incorrect Answer
      D 5 tonnes Correct Answer Incorrect Answer
      E 20 tonnes Correct Answer Incorrect Answer

      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 .

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