Question
In which foreign banks can the Reserve Bank of India (
RBI ) keep its forex reserve gold? 1 ) Bank of England 2 ) Federal Reserve Bank of New York 3 ) Bank of International Settlements ( BIS ) 4 ) Banque de FranceSolution
Explanation : The Reserve Bank of India ( RBI ) can keep its forex reserve gold in various foreign banks, but the prominent banks where it often stores its gold is the Bank of England and Bank of International Settlements ( BIS ). The Bank of England is known for its long - standing reputation as a custodian of gold reserves and has been a trusted institution for several central banks worldwide .
Where is the National Horticultural Fair 2024 being held?
Who has become the flying officer in the Air Force from the Palwal district of Haryana?
Who commissioned the construction of the Kailasa Temple in Ellora, Maharashtra?
The Shanghai Cooperation Organization (SCO), established for deeper political and economic cooperation, was formed in 2001 by the leaders of the member ...
“Gramin and Krishi Vikas Samiti” was established at which place?
What conditions favour the development of a heatwave?
1.Prevalence of hot dry air over a region
2.Absence of moisture in the upper atmosph...
In which location were the 1st Foreign Office Consultations between India and Mauritania held?
Which of the following is the correct option for the location and President of the first session of the Indian National Congress?
Population dividend’ refers to:
1. The proportion of working people is high
2. More people have the potential to be productive
3....
With reference to the Mangroves, consider the following statements:
1. The International Day for the Conservation of the Mangrove Ecosystem is ce...
Relevant for Exams:
