Current Affairs · Government Schemes
What is a Sovereign Gold Bond (SGB)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bonds through which the central bank of a country lends money to commercial banks.
- 2The percentage of a bank's total deposits that it needs to maintain as liquid cash.
- 3Government securities denominated in grams of gold.✓
- 4Gold saving plans allowing individuals to deposit a sum of money every month.
Correct answer
Government securities denominated in grams of gold.
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