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Sovereign Gold Bonds are the government securities denominated in grams of gold and they are issued by the RBI on behalf of the government to reduce the demand for physical gold, the sovereign gold bond scheme was launched in November 2015. To buy the gold bonds, the investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. · The Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram. · The tenor of the Bond will be for a period of 8 years with exit option after 5th year to be exercised on the next interest payment dates. · Minimum permissible investment will be 1 gram of gold. The maximum limit of subscription shall be 4 Kg for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) year
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Market of government securities is also known as
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Unique Identification Authority of India (UIDAI) comes under which of the following?
Extension name of flash file is .
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If the supply of sugar increases in a market in equilibrium, the equilibrium price will _______ and the equilibrium quantity will _______.
The first Chairman of Finance commission was
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Consider the following statements about government securities and derivatives:
(I) Government Securities are risk-free gilt-edged instruments....
