The government has fixed the price of the new series of Sovereign Gold Bonds, recently. It is;

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Rs 2, 551 Per gram
B	Rs 3, 443 per gram
C	Rs 3, 147 Per Gram
D	Rs 2, 897 Per Gram

Explanation:

Detailed explanation-1: -Sovereign Gold Bond Scheme 2022-23 (Series III) – Issue Price. The Government of India, in consultation with the Reserve Bank of India, fixes the issue price. The price of the latest issue has been fixed at Rs 5,409 per unit/gram.

Detailed explanation-2: -The bonds will be issued on 14 March, 2023. The SGBs will be issued by Reserve Bank of India on behalf of the Indian government and will be restricted for sale to resident individuals, HUFs, trusts, universities and charitable institutions.

Detailed explanation-3: -The government has fixed the per unit price of SGB at Rs 5,091. There is an attractive discount of Rs 50 per gram for those who invest in SGB through online channels, this makes the effective price to be Rs 5,041 per gram for online investors.

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