Question
Identify the correct statement(s) regarding the RBI and
gold imports: 1. The RBI is exempt from paying import levies on gold. 2. The total gold reserves of the RBI as of September 2023 were more than 500 tonnes. 3. The RBI's gold is stored exclusively within India.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
MUDRA Bank, a Non-Banking Finance Company as MUDRA Ltd has been set up as a subsidiary of which of the following institution?
Under which section of the Companies Act 2013 NFRA is constituted?Â
Which of the given statement is not correct about Fiscal Management in Budget 2023-24?
Which of the following features is common to both PMKVY and RAMP Scheme?
Based on the above information, what will be the operating profit margin of the company?
Where is the headquarter of International Energy Agency (IEA)?
Long-term solvency is indicated by :
Expand FETERS
As per the IFSCA Act the Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as...
An independent director can be appointed for a tenure up to ________