Sovereign Gold Bonds

Sovereign Gold Bond are issued by?

• Commercial Banks

• Stock exchange

• Reserve Bank of India

• RBI on behalf of Government of India

What is the tenor of SGB scheme?

• 5 years

• 7 years

• 8 years

• 10 years

What is the minimum limit of Gold Bond to be purchased under SGB for individuals?

• 1gm

• 2gm

• 4gm

• 5gm

What is the maximum limit of gold bond to be purchased under SGBs for individuals?

• 1 kg

• 2kg

• 20kg

• 4kg

What is the interest rate on Sovereign Gold Bond (SGB) Scheme?

• 2.75%

• 2.50%

• 2.25%

• 3%

The interest in Sovereign Gold Bond (SGB) Scheme is paid ________ .

• Monthly

• Quarterly

• Semi-annually

• Annually

Which of the following is NOT an advantage of SGBs over physical gold?

• No storage cost.

• No making charges.

• Interest is non-taxable.

• Capital gain is non-taxable.