Question

Which factor contributed the most to the 60% surge in

Q: Answer-Which factor contributed the most to the 60% surge in India’s gold investments in 2024?

The 60 surge in gold investments in India was primarily due to declining stock market performance and global economic uncertainty, leading to a shift towards safe-haven assets.

India’s gold investments in 2024?

A Reduction in import duties on gold

B Declining stock market performance and global economic uncertainty

C Increase in diamond exports

D Strengthening of the Indian Rupee against the US Dollar

E Reduction in global gold prices

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CBI Credit Officer (Scale 1)

Central Bank of India (CBI) Credit Officer

Which factor contributed the most to the 60% surge in

Solution

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