New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    When was the Sovereign Gold Bond scheme launched by the

    RBI on behalf of the government to reduce the demand for physical gold?
    A November 2014 Correct Answer Incorrect Answer
    B October 2015 Correct Answer Incorrect Answer
    C November 2015 Correct Answer Incorrect Answer
    D November 2016 Correct Answer Incorrect Answer
    E December 2016 Correct Answer Incorrect Answer

    Solution

    Sovereign Gold Bonds are the government securities denominated in grams of gold and they are issued by the RBI on behalf of the government to reduce the demand for physical gold, the sovereign gold bond scheme was launched in November 2015.

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