Current Trends in Indian Economy
100 metric tonnes of gold
▪ India has moved 100 metric tonnes of its gold stored in the U.K. to domestic vaults in Fiscal Year 2024.
▪ India’s overall gold holding increased 27.46 metric tonnes in FY24 and it stands at 822 metric tonnes.
Note
▪ All banknotes issued by RBI are backed by assets such as gold, Government Securities and Foreign Currency Assets, as defined in Section 33 of the RBI Act, 1934.
Current Affairs Calender
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