In Sovereign Gold Bond Scheme, there is pre-redemption period after 5 years from issuance. After this, there is a 20 day window to apply for redemption. Following 3 persons applied for the pre-redemption in 2022, whose application will be accepted? (1 mark)

Statements:

1. Lady from HUF who has invested 12 kg in SGB in “2017 Series 1.”

2. Lady who has bought bonds in the name of her minor daughter in “2017 Series 2.”

3. Lady who has bought 50 gram in “2016 Series 2.”