6(World Gold Council) Flashcards
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
