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  9. Q224

RBI Grade B Officer (General / DEPR / DSIM) 2023 · Question 224 of 260

Identify the correct statement with respect to the Sovereign Gold Bond Scheme. 1. Investors compensated at a fixed rate of 2.50% per annum payable semi-annually on nominal value 2. Issue price to be less by Rs 50 per gram for investors who subscribe online and pay through digital mode 3. Tenor of SGB will be for a period of 8 years with an option of premature redemption 4. Bonds are not sold through offices or branches of Scheduled Foreign Banks

Government schemes — SGB

  1. AA. Only 1
  2. BB. Both 2 & 3
  3. CC. 1, 2 & 3Correct
  4. DD. Both 3 & 4
  5. EE. None of the above

Answer: C. C. 1, 2 & 3

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B 2023 – Phase 2 recollected questions with answer key (EduTap compilation) · memory-based

← Q223View full paper (260 questions)Q225 →

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