Question

    Sovereign Gold Bond Scheme is launched by GoI in 2015,

    What is the annual interest rate paid on initial investment in this scheme ?
    A 5 % Correct Answer Incorrect Answer
    B 4 % Correct Answer Incorrect Answer
    C 3 % Correct Answer Incorrect Answer
    D 2.5 % Correct Answer Incorrect Answer
    E 2 % Correct Answer Incorrect Answer

    Solution

    The applicable interest rate for SGB currently is 2.50% per annum on your initial investment. The interest payments are paid semi-annually i.e., twice a year.

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