Q. India’s first gold ATM has been inaugurated in which city?
Answer:
Hyderabad
Notes: India’s first gold ATM and world’s first real time gold ATM has been launched in Hyderabad. The gold ATM enables customers to buy gold without going to a physical jewellery store.
Goldsikka, a company that specialises in buying and selling of gold, introduced the ATM with technology support from a Hyderabad-based startup OpenCube. In the ATM, the buyer selects the price and gold worth the amount is released to the buyer.