Current Affairs · Sovereign Gold Bonds
Which of the following statements correctly describe key structural features of the Sovereign Gold Bond (SGB) Scheme issued by RBI on behalf of the Government of India? 1. The bonds are denominated in grams of gold, with a minimum subscription of 1 gram. 2. The interest rate on Sovereign Gold Bonds is fixed at 2.50% per annum on the nominal value, payable semi-annually. 3. The redemption price is based on the simple average closing price of gold of 999 purity published by IBJA for the preceding 3 working days.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only✓
- 21 and 3 only
- 32 and 3 only
- 41, 2, and 3
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1 and 2 only
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