Gold Monetisation Scheme - Current Affairs Questions and Answers

1)   Gold Monetisation scheme has been declared as _______ by FinMin

a. Voluntary
b. Involuntary
c. Mandatory
d. Both b and c
Answer  Explanation 

ANSWER: Voluntary

Explanation:
Gold Monetisation Scheme is considered purely voluntary for individuals and institutions and they can make their own decision for monetising gold held by them. This is in response to reports that government will directly intervene to monetise gold held by charitable, religious and other institutions.