Question

    What was the percentage rise in gold prices in rupee

    terms, contributing to the RBI’s 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 ₹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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