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Which of the following statements is/are correct about the Sovereign Gold Bond Scheme?
1. There will be no need to buy actual gold.
2. NRI can invest in Sovereign Gold Bond Scheme.
Choose the correct code
1 only
2 only
1 and 2 only
none
Exp: SGB is government securities denominated in grams of gold. It offers an alternative to holding gold in physical form. The scheme was launched by the Union Government in October 2015.Only Indian can invest in sovereign gold bond scheme.
By: Cammy Garg ProfileResourcesReport error
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