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IGI Indian Gold Institute Sample Question Paper
31 Questions
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IGI Indian Gold Institute Sample Question Paper

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Questions and Answers

What is the primary purpose of hallmarking?

  • To evaluate furniture composition
  • To verify gold quality (correct)
  • To determine the purity of cement
  • To identify water

    • Which metal is typically tested through hallmarking?

  • Water
  • Brass
  • Gold (correct)
  • Silver

    • What is the primary unit of measurement used for gold purity?

  • Fineness (correct)
  • Density
  • Weight
  • Size

    • Which acid is commonly employed in testing gold?

    <p>Nitric acid</p> Signup and view all the answers

    Which of the following tests is considered nondestructive?

    <p>Flexibility test</p> Signup and view all the answers

    Which of the following tests is commonly associated with determining gold authenticity?

    <p>Tuch stone test</p> Signup and view all the answers

    What does E.C.S. stand for?

    <p>Electronic Clearing System</p> Signup and view all the answers

    Which of the following is the correct expansion of I.M.P.S.?

    <p>Immediate Payment Service</p> Signup and view all the answers

    What is the full form of P.A.N. in banking terms?

    <p>Permanent Account Number</p> Signup and view all the answers

    In banking, what does EMI stand for?

    <p>Equated Monthly Installment</p> Signup and view all the answers

    What does N.P.A. represent in banking terminology?

    <p>Non performing asset</p> Signup and view all the answers

    The abbreviation R.O.I. in banking refers to?

    <p>Rate Of Interest</p> Signup and view all the answers

    When was the foundation date of the Reserve Bank of India (RBI)?

    <p>1 April 1935 Kolkata</p> Signup and view all the answers

    Which year saw the establishment of the Micro, Small, and Medium Enterprises (M.S.M.E.)?

    <p>9 May 2018</p> Signup and view all the answers

    What does K.Y.C. stand for?

    <p>Know Your Customer</p> Signup and view all the answers

    Which city houses the headquarters of the World Gold Council (W.G.C.)?

    <p>New Delhi, Delhi</p> Signup and view all the answers

    When did gold jewellery hallmarking become effective?

    <p>2000</p> Signup and view all the answers

    What is the full form of M.I.C.R.?

    <p>Magnetic Ink Character Recognition Technology</p> Signup and view all the answers

    What is the currency code of Indian Rupees?

    <p>INR</p> Signup and view all the answers

    Which symbol represents the official currency of Indian Rupee?

    <p>INR</p> Signup and view all the answers

    What symbol is used for the currency of Indian Rupee?

    <p>Non of these</p> Signup and view all the answers

    Which currency code most accurately represents Indian Rupees?

    <p>No one in these</p> Signup and view all the answers

    What is the official currency symbol of Indian Rupee?

    <p>Non of these</p> Signup and view all the answers

    Which symbol is associated with the Indian Rupee currency?

    <p>$</p> Signup and view all the answers

    Which method is X.R.F. test classified as?

    <p>Nondestructive method</p> Signup and view all the answers

    What is the full form of ICP in ICP Spectrometry test?

    <p>Inductively Coupled Plasma Spectrometry</p> Signup and view all the answers

    What is the melting point of silver?

    <p>961.8°C</p> Signup and view all the answers

    Which symbol represents Gold?

    <p>Au</p> Signup and view all the answers

    What is the density of Silver?

    <p>09.49 g/cm³</p> Signup and view all the answers

    What does the hallmark code '916' represent?

    <p>20 karat</p> Signup and view all the answers

    '833' is the hallmark code for which karat?

    <p>18 karat</p> Signup and view all the answers

    Study Notes

    Hallmarking

    • Hallmarking is used for gold and silver.
    • It is not used for water, cement, furniture, or other non-precious materials.

    Karat and Carat

    • Karat is a unit of fineness, not weight or density.
    • Carat is a unit of weight, equal to 200mg or 0.2 grams.

    Gold and Silver

    • The symbol for gold is Au.
    • The symbol for silver is Ag.
    • The melting point of gold is 1064°C.
    • The melting point of silver is 961.8°C.
    • The density of gold is 19.32 g/cm³.
    • The density of silver is 10.49 g/cm³.

    Alloys

    • Brass is an alloy of copper and zinc.
    • Examples of binary alloys include brass and copper-zinc.
    • Examples of ternary alloys include karat gold.

    Density

    • The density of fine gold is 19.32 g/cm³.
    • The density of fine silver is 10.49 g/cm³.

    Weights and Measurements

    • One tola is equal to 11.6 grams.
    • One gram is equal to 1000 milligrams.
    • One ounce is equal to 31.103 grams.
    • One cent is equal to 200 milligrams.
    • One carat is equal to 200 milligrams.
    • One ratti is equal to 120 milligrams.

    Hallmarking Codes

    • The hallmark code for 22-karat gold is 916.
    • The hallmark code for 20-karat gold is 750.
    • The hallmark code for 18-karat gold is 585.
    • The hallmark code for 14-karat gold is 833.
    • The hallmark code for 24-karat gold is 999.

    Weighing Machines

    • Class A weighing machines are used for medicine.
    • Class B weighing machines are used for grocery.
    • Class C weighing machines are used for gold.

    Acids and Tests

    • Nitric acid is used in gold testing.
    • Acitic acid is not used in gold testing.
    • Black stone test is a non-destructive method.
    • Tuch stone test is a non-destructive method.
    • Smell test is a non-destructive method.
    • Flexibility test is a non-destructive method.
    • Fire test is a destructive method.
    • Sound test is a non-destructive method.
    • Acid test is a destructive method.
    • XRF test is a non-destructive method.

    Institutions

    • IGI stands for Indian Gold Institute, a research and skill development center for the gold industry.
    • WGC stands for World Gold Council.
    • ICP stands for Inductively Coupled Plasma Spectrometry.
    • RBI stands for Reserve Bank of India.
    • NCTVT stands for National Council for Vocational Training.
    • LBM stands for London Bullion Market.
    • PAMP stands for Produits Artistiques de Métaux Précieux.

    Miscellaneous

    • KYC stands for Know Your Customer.
    • MICR stands for Magnetic Ink Character Recognition Technology.
    • ECS stands for Electronic Clearing System.
    • IMPS stands for Immediate Payment Service.
    • PAN stands for Permanent Account Number.
    • EMI stands for Equated Monthly Installment.
    • GL stands for Gold Loan.
    • NPA stands for Non-Performing Asset.
    • DPD stands for Days Past Due.
    • ROI stands for Rate of Interest.
    • LTV stands for Loan-to-Value.
    • ITR stands for Income Tax Return.
    • RTGS stands for Real-time Gross Settlement.
    • NEFT stands for National Electronic Funds Transfer.
    • INR stands for Indian Rupee, the official currency of India.

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    Description

    Test your knowledge on hallmarking and karat units with this sample question paper from the Indian Gold Institute. Questions cover the use of hallmarking for gold and silver, as well as the karat unit measurement for different materials.

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