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    Question

    The Indian gold investment market is governed by

    different authorities based on the product type. Which of the following combinations correctly identifies the primary regulator for Sovereign Gold Bonds (SGB) and Gold Exchange Traded Funds (ETF) respectively?
    A SEBI; SEBI Correct Answer Incorrect Answer
    B Government of India; SEBI Correct Answer Incorrect Answer
    C RBI; SEBI Correct Answer Incorrect Answer
    D RBI; RBI Correct Answer Incorrect Answer
    E Government of India; RBI Correct Answer Incorrect Answer

    Solution

    Sovereign Gold Bonds are government securities issued by the Reserve Bank of India (RBI) on behalf of the Government of India. Conversely, Gold ETFs are structured as mutual funds that invest in physical gold and are strictly regulated by the Securities and Exchange Board of India (SEBI).

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