New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Which statement about Sovereign Gold Bonds (SGBs) is incorrect?

    A They are linked to gold prices Correct Answer Incorrect Answer
    B They have a maturity period of 8 years Correct Answer Incorrect Answer
    C They can be redeemed after the fifth year Correct Answer Incorrect Answer
    D They are issued by private corporations Correct Answer Incorrect Answer
    E They are eligible for SLR requirements Correct Answer Incorrect Answer

    Solution

    Sovereign Gold Bonds (SGBs) are unique instruments issued by the government, not by private corporations.

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