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    Question

    How did India contribute to global central bank gold

    purchases in October 2024?
    A By selling a significant portion of its gold reserves Correct Answer Incorrect Answer
    B By adding 27 tonnes of gold to its reserves Correct Answer Incorrect Answer
    C By reducing its gold holdings significantly Correct Answer Incorrect Answer
    D By increasing its foreign exchange reserves with gold Correct Answer Incorrect Answer
    E By shifting its reserves from gold to foreign currencies Correct Answer Incorrect Answer

    Solution

    India purchased 27 tonnes of gold, showcasing its strategy to diversify reserves and contribute to global central bank gold acquisitions.

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