Switzerland is a major global hub for gold refining and trading. A significant portion of the world's mined gold is sent to Switzerland for processing into bars and other forms, which are then exported worldwide. India, being a major consumer of gold, sources a large quantity of its imports from Switzerland due to its role in the global gold market.
India imports maximum gold from which country?
Asked in WBPSC CS Prelims 2018 · WBCS Main Paper 4 2022 · Topic: Current Account and Capital Account (Policy Measures to Manage Current Account and Capital Account Balances)
More External Sector of Economy questions
- Which commodity tops the current list of imported commodity of India?
- Which of the following accounts for the highest amount spent on Indian imports?
- Two largest items of import in India in recent years are :
- The most important item of Indian exports, in terms of value, during recent years has been:
- More than 50 percent of India’s import comes from:
- Which one of the following is the most valuable item in the agricultural export of India?
- The largest part of India's import (in value) goes to
- The largest part of India's export (in value) goes to