Question Details

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2023 Q10: With reference to Switzerland, consider the following statements: I. Switzerland is one of the leading exporters of gold by value. II. Switzerland has the second largest gold reserves in the world. Which is correct?

A. (a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
B. (b) Both Statement-I and Statement-II are correct but Statement-II does not explain Statement-I
C. (c) Statement-I is correct but Statement-II is incorrect
D. (d) Statement-I is incorrect but Statement-II is correct

Explanation:

Explanation: While Switzerland is a major gold exporter, it does not possess the second largest gold reserves.