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    Question

    Who issues the Sovereign Gold Bonds (SGBs) in

    India?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B Ministry of Finance Correct Answer Incorrect Answer
    C Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    D National Stock Exchange (NSE) Correct Answer Incorrect Answer
    E State Bank of India (SBI) Correct Answer Incorrect Answer

    Solution

    The RBI issues Sovereign Gold Bonds (SGBs) on behalf of the Government of India to reduce the demand for physical gold and encourage investments in financial savings.

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