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Sovereign Gold Bond (SGB) Scheme
Which of the following are advantages of Gold Bonds over Physical Possession of Gold?
- Gold Bonds are more liquid.
- They are safer than Physical Gold.
- There is no issue of wear & tear.
- A common person trusts Gold Bond more than Physical Gold.
Choose the correct answer from the code given below:
A |
2, 3 and 4 only
|
|
B |
1, 2 and 3 only
|
|
C |
1, 2, 3 and 4
|
|
D |
2 and 3 only
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- A common individual will like to see Physical Gold and won’t trust the Paper over it. Hence, statement 4 is incorrect.
- There is no issue of wear & tear as Gold Bonds is usually in digital or in paper form.
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