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      Question

      What was the percentage rise in gold prices in rupee

      terms, contributing to the RBIтАЩs gold purchase decision in FY25?
      A 15% Correct Answer Incorrect Answer
      B 20% Correct Answer Incorrect Answer
      C 24% Correct Answer Incorrect Answer
      D 30% Correct Answer Incorrect Answer
      E 18% Correct Answer Incorrect Answer

      Solution

      Gold prices surged by 30% year-on-year to over тВ╣1 lakh per 10 grams due to global factors such as geopolitical tensions, tariff wars, and dollar instability, prompting the RBI to increase its gold holdings as a risk mitigation strategy.

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