Current Affairs · Banking and Finance
The Government of India decided to discontinue a specific component of the Gold Monetisation Scheme (GMS) for fresh deposits, following a review of its performance. Which component of GMS has been discontinued?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gold Deposit Scheme, 1999
- 2Medium Term and Long Term Government Deposit✓
- 3Short Term Bank Deposit
- 4Sovereign Gold Bond
Correct answer
Medium Term and Long Term Government Deposit
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