Question
What is the minimum lock-in period for Medium-Term
Government Deposits under the Medium and Long-Term Government Deposit (MLTGD) Account as per the Gold Monetisation Scheme 2015?Solution
The minimum lock-in period for Medium-Term Government Deposits under the MLTGD Account as per the Gold Monetisation Scheme 2015 is 3 years. This scheme allows individuals and institutions to earn interest on their idle gold while contributing to the country's economic stability.
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