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  9. Q224

RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 224 of 260

With reference to Sovereign Gold Bonds, which of the following statements are correct? Statements: 1. Minors will not be allotted even if guardians apply on their behalf. 2. Discount of Rs 50 is applicable when person is applying online. 3. There is a risk of capital loss if price of gold declines. 4. SGB can be used as collateral for borrowing loans.

Financial Markets

  1. AA. 1, 2 and 3 only
  2. BB. 2, 3 and 4 onlyCorrect
  3. CC. 1, 3 and 4 only
  4. DD. 1, 2 and 4 only
  5. EE. All of the above

Answer: B. B. 2, 3 and 4 only

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 2 2021 Economic and Social Issues recollected questions with answer key (EduTap compilation) · memory-based

← Q223View full paper (260 questions)Q225 →

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