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    Question

    Sovereign Gold Bonds (SGBs) are issued in India

    by:
    A SEBI Correct Answer Incorrect Answer
    B NABARD Correct Answer Incorrect Answer
    C RBI on behalf of the Government of India Correct Answer Incorrect Answer
    D Ministry of Finance directly Correct Answer Incorrect Answer
    E SIDBI Correct Answer Incorrect Answer

    Solution

    SGBs are government securities denominated in grams of gold, issued by RBI on behalf of GoI. They carry fixed interest (2.5% p.a.) plus gold price-linked returns.

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