Identify the correct statement(s) regarding the RBI and

Solution

• India has allowed its central bank to import gold without paying import levies. • Gold importers from the world's second biggest gold consumer need to pay basic customs duty and Agriculture Infrastructure and Development Cess (AIDC). • As of September 2023, the Reserve Bank of India held 800.79 metric tonnes of gold, including gold deposits of 39.89 tonnes. • Of that, 388.06 tonnes is held overseas and 372.84 tonnes is held domestically, according to the RBI's latest reserve management report. Learn Along About RBI Founded: 1 April 1935                                    Headquarters: Mumbai                                     Governor: Shaktikanta Das