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      Question

      The Gold Monetization Scheme allows depositors to earn

      interest on gold held in:
      A Banks Correct Answer Incorrect Answer
      B Post Offices Correct Answer Incorrect Answer
      C RBI Vaults Correct Answer Incorrect Answer
      D SEBI-approved depositories Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      Under the Gold Monetization Scheme (GMS), individuals deposit physical gold with banks to earn interest (as cash or gold).

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