Question

Consider the following statement about Sovereign Gold Bond (SG

  • B Scheme? I. Sovereign Gold Bond (SG
  • B Scheme was launched by Ministry of Finance in 2015. II. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. III. Sovereign Gold Bonds were issued by public sector banks on behalf of the Union Government. Which of the above statement is/are incorrect?
A I only
B II only
C III only
D I and II Both
E None of the above
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