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  • Question
  • The value of Gold is determined in


  • Correct Answer
  • The gold prices in India are determined according to the international market in the following way: - The price of gold in USD is taken as a base price Depending on the value of indian rupee as compared to USD (eg- 1 USD= ?63), the price of gold is converted into rupees - The import duties on gold are added to obtain the final price of gold Gold is a global commodity In the international market, the price of gold is determined by the forces of demand and supply Higher demand leads to higher price and vice versa Higher supply leads to lower price and vice versa 

  • Tags: Analyst, Bank PO

    Basic General Knowledge problems


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    • 1. The International Kite Festival (Uttarayan) will be started from which of the following states?

    • Options
    • A. Telangana
    • B. Karnataka
    • C. Odisha
    • D. Gujarat
    • Discuss
    • 2. Which supercomputer is developed by the Indian Scientists?

    • Options
    • A. Super 3
    • B. Param 808
    • C. Super 149
    • D. Param 8000
    • Discuss
    • 3. In which of the following wars, the French were completely defeated by the English?

    • Options
    • A. Battle of Wandiwash
    • B. Battle of Buxar
    • C. Battle of Plassey
    • D. Battle of Adyar
    • Discuss
    • 4. The world smallest country is

    • Options
    • A. Canada
    • B. Australia
    • C. Maldives
    • D. Vatican City
    • Discuss
    • 5. Indian Railways Catering and Tourism Corporation (IRCTC) has recently launched E-wallet Scheme. This Scheme is available only for which type of users?

    • Options
    • A. PAN Verified users
    • B. ADHAR Card holders
    • C. Voter ID Card holders
    • D. None of these
    • Discuss
    • 6. Which union minister has launched a mobile app ?Celebrating Yoga? for scientific healthy living ?

    • Options
    • A. Narendra Modi
    • B. Arun Jaitley
    • C. M. Venkaiah Naidu
    • D. Harsh Vardhan
    • Discuss
    • 7. The angle between the geographical meridian and magnetic meridian is called as ______.

    • Options
    • A. Angle of declination
    • B. Angle of dip
    • C. Angle of inclination
    • D. Azimuth
    • Discuss
    • 8. Which continent is known as white continent?

    • Options
    • A. Antarctica
    • B. Europe
    • C. Asia
    • D. Africa
    • Discuss
    • 9. India's First Rural Telephone Exchange is located in

    • Options
    • A. Karnataka
    • B. Andhra Pradesh
    • C. Kerala
    • D. Uttar Pradesh
    • Discuss
    • 10. Which of the following makes us know the exact age of a tree ?

    • Options
    • A. Height of the tree
    • B. Width of trunk
    • C. Rings of the tree
    • D. Branches of the tree
    • Discuss


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