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State the quantity of gold bought by the Reserve Bank of India during the financial year 2017-18 in its first purchase of gold in almost nine years.

  1. A
    2.46 metric tonnes
  2. B
    4.46 metric tonnes
  3. C
    6.46 metric tonnes
  4. D
    8.46 metric tonnes

Solution & Step-by-step Explanation

The Reserve Bank of India (RBI) purchased of gold in the financial year 2017-18. This was the central bank's first addition of gold reserves through open market purchase since it bought from the International Monetary Fund (IMF) in November 2009.

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State the quantity of gold bought by the Reserve Bank of India during the financial year 2017-18 in its first purchase of gold in almost nine years.
A
2.46 metric tonnes
B
4.46 metric tonnes
C
6.46 metric tonnes
D
8.46 metric tonnes

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