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Which of the following statements is/are correct with reference to the hallmarking of gold jewellery and artefacts?

Daily Current Affairs Quiz 26 May 2021

Which of the following statements is/are correct with reference to the hallmarking of gold jewellery and artefacts?

A. Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present.

B. The BIS has been running a hallmarking scheme for gold jewellery since April 2000.

C. Both A & B

D. None of these

Explanation:

The government of India has extended the deadline for mandatory hallmarking of gold jewellery and artefacts by a fortnight till June 15 in view of the COVID-19 pandemic. Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present. The BIS has been running a hallmarking scheme for gold jewellery since April 2000. Around 40 per cent of gold jewellery is being hallmarked currently.

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