Question

Consider the following statements in regards to Sovereign Gold Bonds:

  • I The scheme was launched in November 2015. I
  • I The tenor of the Bond will be for a period of 10 years with exit option after 5 th year. II
  • I Minimum permissible investment will be 1 gram of gold. The maximum limit of subscription shall be 5 Kg for individuals. Which of the following statements is/are correct?
A I only
B I & III
C I & II
D II & III
E All
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