how much silver is present in India
Answers
Answer:
silver ?
may be 34 %........
Silver in India
Silver is ingrained in the psyche of Indians with the precious metal being used in religious ceremonies, festivals, weddings and many other cultural events. Even the name of the Indian currency ‘Rupee’ is derived from the Sanskrit word for silver, which is ‘Rupya’. As such, silver has always attracted a fair bit of attention from the Indian population and comes second only to gold in terms of precious metals in the country.
Silver is also used as a form of savings and investment in India. It is popular with the rural populace who invest in the metal to secure their savings against inflationary or volatility risks. Silver is bought in the physical form as coins, jewellery, ornaments, utensils etc. and kept as a savings instrument by consumers.