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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 Reserve Bank on behalf of Government of India. The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be one gram with a maximum buying limit of 500 grams per person per fiscal year (April – March).
Which country’s new President, Prabowo Subianto, is expected to be India’s chief guest for Republic Day 2025?
Why did the Reserve Bank of India (RBI) cancel the licence of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited?
Which of the following is NOT a biodiversity hotspot in India?
Who will represent India at the annual summit of the Shanghai Cooperation Organisation (SCO) in Astana, Kazakhstan?
Which of the following became the first genetically modified commodity of Indian that has received commercial approval anywhere in the world?
What is the primary aim of the Memorandum of Understanding (MoU) between the Department of Fisheries and Open Network for Digital Commerce (ONDC)?
Which book provides a comprehensive analysis of the individuals who served as the chief of the Reserve Bank of India?
Which bank has launched 'Infinity Savings Account' that is offering special features for its customers, including no domestic transaction charges in e...
Central government pensioners aged 80 years and above will receive an additional allowance of:
________ in conjunction with the Reserve Bank Innovation Hub (RBIH), announced the launch of “Digitalised Submission of Form 15G/15H” as one of the ...
