Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1151)

2020-10-12 Banking

1151.

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

Government of India

President

RBI

SEBI

Answer: Option

Explanation:

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.