The Reserve Bank of India increased its gold reserves by __% in the fiscal year that ended on March 31, 2023.

(a) 3%

(b) 4%

(c) 4.5%

(d) 5%

Ans.(c)

Sol. The RBI increased its gold reserves by 4.5% to 794.64 metric tonnes in the fiscal year that ended on March 31, 2023.