With reference to Hallmarking of precious metals in India, consider the following statements: 1. In India, at present only two precious metals, namely gold and silver, have been brought under the purview of Hallmarking.2.The hallmark is valid for the entire life-time of the hallmarked jewelry.Which of the statements given above is/are incorrect? |ForumIAS

Q. With reference to Hallmarking of precious metals in India, consider the following statements:
1.In India, at present only two precious metals, namely gold and silver, have been brought under the purview of Hallmarking.
2.The hallmark is valid for the entire life-time of the hallmarked jewelry.
Which of the statements given above is/are incorrect?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D

Notes:

Both statements are correct.

Statement 1 is correct: In India, at present two precious metals namely gold and silver have been brought under the purview of Hallmarking.
Statement 2 is correct: The hallmark will be valid for the entire life-time of the hallmarked jewelry.

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