Banking Awareness Quiz – Set 15 – Sovereign Gold Bonds Scheme 2018-19

Hello and welcome to exampundit. Today we are sharing a set of Banking and Financial Awareness Quiz on Sovereign Gold Bonds Scheme 2018-19 for upcoming Bank exams.

The following Banking and Financial Awareness Quiz on Sovereign Gold Bonds Scheme 2018-19 is important for the upcoming IBPS PO, Clerk, IBPS RRB and Indian Bank PGDBF 2018.

Following set of Banking and Financial Awareness Quiz has 10 questions From Sovereign Gold Bonds Scheme 2018-19 with 5 minutes time and moderate level of difficulty.

 

The following questions are created as per the recent trends and level of Bank PO & Clerk General Awareness 2018.

Test Name: Banking Awareness Quiz for Bank PO & Clerk 2018

Duration: 5 min

Level: Moderate

All the best.

 

For revision Sovereign Gold Bonds Scheme 2018-19 Quiz

  1. Who can issue Sovereign Gold Bonds Scheme 2018-19?

(1) Reserve Bank of India

(2) Ministry of Finance

(3) Securities and Exchange Board of India

(4) Corresponding Banks

(5) All of them

Show Answer
Option: 1

 

  1. What is the maximum limit of subscription of Sovereign Gold Bonds Scheme 2018-19 for an individual?

(1) 2 kgs

(2) 3 kgs

(3) 4 kgs

(4) 5 kgs

(5) 2.5 kgs

Show Answer
Option: 3

 

  1. What is the minimum limit of subscription of Sovereign Gold Bonds Scheme 2018-19?

(1) 10 gm

(2) 1 gm

(3) 100 gm

(4) .5 gm

(5) 15 gm

Show Answer
Option: 2

 

  1. What is the maturity period of Sovereign Gold Bonds Scheme 2018-19?

(1) 5 years

(2) 6 years

(3) 4 years

(4) 8 years

(5) 7 years

Show Answer
Option: 4

 

  1. The Sovereign Gold Bonds will be denominated in multiples of gram(s) of gold with a basic unit of __________.

(1) 5 gm

(2) 1 gm

(3) 10 gm

(4) .5 gm

(5) 2 gm

Show Answer
Option: 2

 

  1. Purchasing of Sovereign Gold Bonds with Cash is limited to what amount?

(1) ₹20,000

(2) ₹25,000

(3) ₹30,000

(4) ₹50,000

(5) ₹10,000

Show Answer
Option: 1

 

  1. Who can sell the Sovereign Gold Bonds?

(1) Stock Holding Corporation of India Limited

(2) Designated post offices

(3) National Stock Exchange of India

(4) Commercial Banks

(5) All of the above

Show Answer
Option: 5

 

  1. What is the maximum limit of subscription of Sovereign Gold Bonds Scheme 2018-19 for an entity?

(1) 10 kg

(2) 5kg

(3) 20 kg

(4) 25 kg

(5) 50 kg

Show Answer
Option: 3

 

  1. Which of the following state is true about Sovereign Gold Bonds Scheme 2018-19?

(A) SGBs are exempted from GST.

(B) The interest on Gold Bonds shall be taxable.

(C) Bonds can be used as collateral for loans.

(1) Only A

(2) Only C

(3) Both B & C

(4) Both A & C

(5) All are correct

Show Answer
Option: 3

 

  1. The issue price of the Gold Bonds will be how much per gram less for those who subscribe online and pay through digital mode?

(1) ₹50

(2) ₹100

(3) ₹500

(4) ₹200

(5) ₹10

Show Answer
Option: 1

 

What do you want to see in exampundit? Mail us at [email protected]

If you have liked the set, please share it with everyone.

 

Regards

Team Exampundit