6(World Gold Council) Flashcards Preview

2 September > 6(World Gold Council) > Flashcards

Flashcards in 6(World Gold Council) Deck (4)
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1
Q

What is it

A

Market development org of gold industry.
London
It is association of global gold producers

2
Q

why in news

A

It has put India into top 10 countries with highest official gold reserves.

3
Q

How can India come 10th we import highest gold right?

A

Yes we import more but it talks about official gold with govt and not household.

If all is included we will be 1st defeating USA

4
Q

IMF?

A

1945
Intergovt org
To ensure international monetary system stability

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