Question
Consider the following statements regarding the Sovereign Gold Bond Scheme- I.Sovereign Gold Bonds are the government securities denominated in grams of gold and they are issued by the RBI on behalf of the government to reduce the demand for physical gold, the sovereign gold bond scheme was launched in November ,2016. II. The tenor of the Bond will be for a period of 8 years with exit option after 5th year to be exercised on the next interest payment dates. III. The maximum limit of subscription shall be 4 Kg for individual, 4 Kg for HUF and 20 Kg for trusts IV. Sovereign Gold Bonds 2023-24 (Series I
- I will be opened for subscription during the period September 11-15, 2023. The issue price of the Bond during the subscription period shall be Rs. 5,875. Which of the above statements is/are true ?
More Alternate Sources of Finance Questions
- When calculating Quick Assets, it is important to exclude certain items from Current Assets to accurately measure a company's liquidity. Quick Assets provi...
- A company fails to accrue wages for March that will be paid in April. The company’s year-end balance sheet liabilities:
- What is the newly increased deduction from family pension income under the new tax regime?
- Expand CRILC
- What is the loan limit for education under priority sector lending (PSL) norms as revised in March 2025 ?
- Who is the regulator of India International Bullion exchange?
- What does the principle of sustainability in business ethics emphasize?
- What is the minimum total provisioning coverage ratio, including floating provisions, required for banks?
- In the context of the Central Limit Theorem (CLT), which of the following statements is correct?
- Which of the following transformations is most appropriate to bring all feature values into the range [0,1] for a machine learning model?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
