which country plans to set up 16 billion gold sector fund for silk route project?
Options
1) china
2)India
3) Russia
4) Germany
Answer
1) china
Other details
the fund is worth $ 16 billion
It will be set up in 3 phases
It will be led by shanghai Gold Exchange
It will be the Largest gold fund in china
Around 60 countries who will benefit from the silk route are expected to support the fund
The central banks of these countries can purchase gold form these funds
gold will be mined from member countries like Kazakhstan and Afghanistan
Options
1) china
2)India
3) Russia
4) Germany
Answer
1) china
Other details
the fund is worth $ 16 billion
It will be set up in 3 phases
It will be led by shanghai Gold Exchange
It will be the Largest gold fund in china
Around 60 countries who will benefit from the silk route are expected to support the fund
The central banks of these countries can purchase gold form these funds
gold will be mined from member countries like Kazakhstan and Afghanistan