Question

    The Reserve Bank of India (RBI) has announced the final

    price for the first tranche of the sovereign gold bond (SGB) scheme at ________  per unit. 
    A Rs.4589 Correct Answer Incorrect Answer
    B Rs.5122 Correct Answer Incorrect Answer
    C Rs.6132 Correct Answer Incorrect Answer
    D Rs.7254 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has announced the final price for the first tranche of the sovereign gold bond (SGB) scheme at Rs 6,132 per unit. The final redemption date is November 30, 2023.   The issue price of these bonds was around Rs 2,540 per unit.

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