Current Affairs · Sovereign Gold Bond Redemption Conditions
An investor seeks to execute a premature redemption of their Sovereign Gold Bond (SGB) holdings under the official rules. Which of the following operational conditions and timeline constraints MUST the investor satisfy to successfully process the withdrawal? 1. The targeted SGB tranche must fall due for premature redemption strictly within the operational period specified in the calendar. 2. The application must be submitted within a specified investor submission window that structurally aligns with the interest payout or repayment dates of the respective tranche. 3. The investor may submit the application at any continuous point throughout the financial year once the mandatory holding period has elapsed. 4. The withdrawal request must be synchronized with the completion of the full 8-year maturity cycle to guarantee the redemption proceeds. Select the correct option:
- 13 and 4 only
- 21 and 2 only✓
- 32 and 4 only
- 41, 3, and 4 only
Correct answer
1 and 2 only
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