๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      Which statement about Sovereign Gold Bonds (SGBs) is

      incorrect?
      A They are linked to gold prices Correct Answer Incorrect Answer
      B They have a maturity period of 8 years Correct Answer Incorrect Answer
      C They can be redeemed after the fifth year Correct Answer Incorrect Answer
      D They are issued by private corporations Correct Answer Incorrect Answer
      E They are eligible for SLR requirements Correct Answer Incorrect Answer

      Solution

      Sovereign Gold Bonds (SGBs) are unique instruments issued by the government, not by private corporations.

      Practice Next

      Relevant for Exams:

      ask-question