Start learning 50% faster. Sign in now
SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by the Reserve Bank on behalf of the Government of India. The quantity of gold for which the investor pays is protected since he receives the ongoing market price at the time of redemption/ premature redemption. The Bonds are issued in denominations of one gram of gold and in multiples thereof. The minimum investment in the Bond shall be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time per fiscal year. These securities are eligible to be used as collateral for loans from banks, financial Institutions and Non-Banking Financial Companies (NBFC). The Loan to Value ratio will be the same as applicable to ordinary gold loans prescribed by RBI from time to time.
Which one of the following statements is incorrect about the desert locusts?
Size of ordinary rain drop varies from:
The most commonly used method of depreciation is
Which of the following type of mouth parts present in house fly?
Petroleum is a mixture of-
Pyricularin produced by Pyricularia oryzae causes:
Grouping of two or more than two consumers for a product or service so that their needs are better served, can be defined as-
Soils having white encrustation of soluble salts at the surface, known as __ ?
Indian Institute of Sugarcane Research (IISR) is situated in
Deficiency of which vitamin is prominent in those persons who continuously eat ‘polished rice’?