Which statement about Sovereign Gold Bonds (SGBs) is

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

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.

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