Q. Consider the following statements regarding “World Gold Council”:
1.It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.
2.Headquartered in Vienna, Austria.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

Explanation: The World Gold Council is the market development organization for the gold industry.

  • Headquartered in London, United Kingdom, they have offices in India, China, Singapore and the United States.
  • It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.
  • They frequently publish research that demonstrates gold’s strength as a preserver of wealth both for investors and countries.

Source: FORUMIAS