Question

Consider the following statements with respect to Sovereign gold bonds (SGBs): 1.Sovereign gold bonds (SGBs) are issued for a fixed time, which is announced by the State Bank of India.  2.The minimum holding is 1 gram, and the maximum is 5 kg per investor per financial year. 3.Only individuals can invest the sovereign gold bonds. Which of the statement/s given above is/are not correct?

A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D All of the above
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