Questions

The gold prices in India are determined according to the international market in the following way:

- The price of gold in USD is taken as a base price. Depending on the value of indian rupee as compared to USD (eg- 1 USD= ₹63), the price of gold is converted into rupees.

- The import duties on gold are added to obtain the final price of gold.

• Gold is a global commodity. In the international market, the price of gold is determined by the forces of demand and supply. Higher demand leads to higher price and vice versa. Higher supply leads to lower price and vice versa.

Capillaries Tiny blood vessels connecting arteries to veins. These blood vessels carry oxygen

and nutrients to individual cells. Capillaries are the smallest blood vessels in the body, and have

walls only one or two cells thick. (Their diameter is 5 to 10 micrometers, or 5 to 10 millionths of

a meter.)

Capillaries connect arterioles and venules, which are the smaller extensions of the larger arteries and veins.

Surekha Marandi has been appointed as the new Executive Director (ED) of Reserve Bank of India (RBI). She succeeded U S Paliwal, who retired on December 31, 2016.

Ramdev promoted Patanjali Ayurveda and Reliance Jio have featured among the top 10 most influential brand in India, according to a study by the global research firm Ipsos.

Home grown Patanjali and Mukesh Ambani’s controlled Reliance Jio have bagged the fourth and ninth position, respectively. Interestingly, Patanjali and Reliance Jio made an impressive entry as they did not figure in the previous edition of the study.

Besides, Google has been ranked at the top slot while Microsoft and Facebook were ranked at number two and three, respectively. State Bank of India (SBI) being the only financial institution that made to the list, moved up four ranks to take the fifth position. E-commerce player Flipkart dropped three spots to take the tenth place while Amazon climbed couple of steps to take the sixth place. Other companies that made to the list include Samsung (7th) and Airtel (8th).

Tamralipti