Question
Which of the following Statements regarding the
Sovereign Gold Bond Scheme is/are True? (I) The upper limit for retail (individual) investors and HUFs is 12 kilograms each per financial year. (II) A lady can buy SGB in the name of her minor daughter in May 2017 series. (III) Minimum permissible investment is 1 gram of gold.Solution
The upper limit for retail (individual) investors and HUFs is 4 kilograms (4,000 units) each per financial year. For trusts and similar entities, an upper limit of 20 kilograms per financial year is applicable. Minimum permissible investment is 1 gram of gold. The gold bonds come with a maturity period of eight years, with an option to exit the investment after the first five years. Interest Rate: A fixed rate of 2.5% per annum is applicable on the scheme, payable semi-annually. A minor can invest in SGB. The application on behalf of the minor has to be made by his/her guardian. 
Statements: U ≤ X = V < W; V > T = Q ≥ R
Conclusions: I. V ≥ R II. W > R
Statements: J # Q, Q * D, D % P, P $ Y
Conclusions:Â Â Â Â Â Â I. Q * YÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. P *YÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â III...
Statements: Z > X = A ≥ V > W > B; B = Y ≥ U = E > T
Conclusions:
I. Z > U
II. Y > Z
Statements: W < R = T < Y = S = U ≥ V ≥ H = X
Conclusions:
I. S ≥ X
II. U > T
III. W < Y
Statements: T = U, V < M, W ≥ T, U ≤ V
Conclusion:
I. U ≤ W
II. M > U
Statements: H ≤ I ≥ K> L; M > J ≥ N ≥ I
Conclusions:
I. J ≥ K
II. M > L
Statements: G ≤ F > B; A < H ≤ G; C < F ≤ D < E
Conclusions:
I. A < F
II. E > H
III. C < B
Statement: L ≥ I ≥ K = J ≥ T ≥ V
Conclusions:
I. V < L
II. L ≥ T
In the following questions assuming the given statements to be true, find which of the conclusion among given conclusions is/are definitely true and th...
Statements: V = W ≤ X > R ≥ O; C < O; F = X
Conclusion: I. F > R II. X > C
