India as 11th largest gold reserves

Q.  Which of the following is/are true?

1) Indian gold reserves feature among the top ten in the world.
2) USA has the highest gold reserves.
- Published on 29 Feb 16

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2

ANSWER: Neither 1 nor 2
 
  • India ranks 11th.
  • USA ranks 2nd.
  • Euro Area is considered one unit and has the largest reserves.
  • After USA there is Germany, Italy, France, China and Russia.

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