Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.123)


Which authority fixes sovereign gold bond issue price at Rs 5,051 per gram of gold?

[A]. Government of India
[B]. President
[C]. RBI

Answer: Option C


The issue price for the sovereign gold bond has been fixed at Rs 5,051 per gram of gold, the Reserve Bank of India (RBI) said in a statement on Friday. The Sovereign Gold Bond Scheme 2020-21-Series VII will be opened for subscription from October 12 to October 16.

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