Question
Who can issue Sovereign Gold Bonds?
Solution
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 ammonia–urea fertiliser plant announced for Assam will have an annual urea production capacity of:Â
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