UPSC Civil Services Prelims 2016
Question 7 of 46Indian Economy
What is/are the purpose/purposes of Government’s ‘Sovereign Gold Bond Scheme’ and ‘Gold Monetization Scheme’? 1. To bring the idle gold lying with Indian households into the economy 2. To promote FDI in the gold and jewellery sector 3. To reduce India’s dependence on gold imports Select the correct answer using the code given below:
A1 only
B2 and 3 only
C1 and 3 only
D1, 2 and 3
Correct Answer
The correct answer is hidden
Explanation
29 words hidden ... excess physical gold demand and mobilizing domestic gold, these measures help address macroeconomic vulnerabilities ... 30 words hidden