Hello and welcome to exampundit. Today we are sharing Expected Questions on Sovereign Gold Bonds 2018. These will be important for all the upcoming Bank PO & Clerk Examination especially SBI PO, Clerk 2018.
Expected Questions on Sovereign Gold Bonds 2018
- In the 2018 Sovereign Gold Bonds, persons resident in India as defined under which act are eligible? – Foreign Exchange Management Act, 1999
- The Sovereign Gold Bonds are issued in denominations of ______. – One Gram & multiples
- What is the minimum investment criteria for individuals in Sovereign Gold Bonds? – One Gram
- What is the minimum investment criteria for trusts/similar entities in Sovereign Gold Bonds? – One Gram
- What is the maximum investment criteria for individuals in Sovereign Gold Bonds? – 4 kg/buyer
- What is the maximum investment criteria for trusts/similar entities in Sovereign Gold Bonds? – 20kg
- What is the interest rate per annum of Sovereign Gold Bonds? – 2.5% on the amount of initial investment
- The issue price of the Gold Bonds will be how much less than the nominal value to those investors applying online? – ₹50
- To buy sovereign gold bonds, cash payment is acceptable up to what amount? – ₹20,000
- The minimum tenure of the bond is how many years? – 8 years
- The minimum tenure of the bond is 8 years however, after how many years an investor can exit? – 5 years
Read our Banking Awareness Article on Sovereign Gold Bonds 2018. Don’t forget to read all the expected questions.
Join us on Facebook.
Regards
Team Exampundit
