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    Question

    Who can issue Sovereign Gold Bonds?

    A Reserve Bank of India Correct Answer Incorrect Answer
    B Authorized Primary Dealers Correct Answer Incorrect Answer
    C Can be bought from Exchange Correct Answer Incorrect Answer
    D Both A and C Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    Solution

    SGBs are government securities denominated in grams of gold . They are substitutes for holding physical gold . Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity . The Bond is issued by  Reserve Bank on behalf of Government of India .

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