What was controversial about the gold mortgaging incident?
Huge interest
Done openly
Done secretly
Fake gold scam
Answer
The gold mortgaging incident caused controversy because it was done in secret without the knowledge or approval of the Chinese people or the Kuomintang government. Song Ziwen, the finance minister at the time, arranged the secret deal with the British and American banks without consulting other government officials or seeking public input.
Chandra Shekhar: Behind the Legacy - Test Your Knowledge about India's 8th Prime Minister
More Questions
Whose government stopped their assistance to India at this time?
Which minister mortgaged gold reserves allegedly without proper authorization?
Which tragic event happened during Chandra Shekhar’s tenure?
During which conflict did he allow US military planes to refuel in India?
How did his decision on US military planes influence his image in the West?
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