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- Sovereign Gold Bond 2016-17 - Series II issued from 1 Sep to 9 Sep 2016. These bonds issued by RBI on behalf of _____________
- SBI
- World Bank
- Muthoot Finance
- Government of India
- National Stock Exchange
- The SGB (Sovereign Gold Bond) will be issued to the buyers on _____________
- 23 November
- 23 October
- 23 December
- 13 September
- 23 September
- Under the Sovereign Gold Bond 2016-17 -Series II, instead of buying physical gold, Indian residents can buy the Gold Bonds. These Bonds would be issued for the term of 8 years with exit option from _____________
- Minimum permissible investment allowed under the SGB 2016-17 - Series II will be _____________
- 3 gram
- 8 grams
- 1 gram
- 20 grams
- 12 grams
- Who among the following eligible to buy SGB Bonds?
- Individuals
- HUFs
- Trusts
- Universities and Charitable Institutions
- All of above
- Maximum amount subscribed by an entity will not be more than _____________ grams per person per fiscal year under SGB scheme.
- 100
- 10
- 500
- 1000
- 250
- Wrong statement regarding SGB scheme is _____________
- Bonds are eligible for conversion into DEMAT form.
- Bonds will be tradable on stock exchanges.
- The interest accrued on Gold Bonds shall not be taxable under Income Tax Act, 1961.
- Capital gains tax arising on redemption of SGB to an individual has been exempted.
- Bonds will be sold through banks, designated post offices, National Stock Exchange of India Limited and Bombay Stock Exchange, either directly or through agents.
- KYC (Know Your Customer) compulsory to buy.
- Under the Sovereign Gold Bonds Scheme investors earn interest rate up to _____________ payable semi-annually on the initial value of investment.
- 2.75 % per annum
- 1.75 % per annum
- 8.75 % per annum
- 4.75 % per annum
- 7.75 % per annum
- SGB can be used as collateral for loans and for this purpose LTV ratio is to be set equal to ordinary gold loan mandated by the RBI from time to time. In this context, LTV stands for _____________
- LIBOR-To-Value
- Linked-To-Value
- Liability-To-Value
- Loan-To-Value
- Locker rent-to-value
- RBI announced the launch of the September round of inflation expectations survey of households covering _____________ cities across the country on 22 August 2016.
- 9
- 10
- 18
- 12
- 16
- Union Cabinet on 31 August 2016 given its approval to create a Project Development Fund (PDF) with a corpus of Rs.500 Crore for catalysing Indian economic presence in the CLMV nations. CLMV stands for Cambodia, Laos, Myanmar and _____________
- Vietnam
- Venezuela
- Vanuatu
- Vatican City
- Virginia Islands
- 18th meeting of Sub-committee of Financial Stability and Development Council (FSDC) held on 29 August 2016 at Mumbai dis-cussed the global and domestic fronts that impact on the financial stability of the country. This committee headed by _____________
- Governor, RBI
- Chairman, IRDAI
- Chairman, PFRDA
- Chairman, SEBI
- Finance Secretary
- HDFC ERGO General Insurance Company Limited is a joint venture between HDFC Ltd. and ERGO International AG. ERGO has base in _____________
- UK
- Australia
- Germany
- Japan
- Italy
- Takehiko Nakao recently reelected as the president of _____________
- International Bank for Reconstruction and Development
- International Monetary Fund
- International Finance Corporation
- New Development Bank
- Asian Development Bank
- 'Project Ananya' launched by which bank on 10 August 2016 aimed at digital banking, to transform 10% of its branches to the new format in the next 6-12 months?
- Syndicate Bank
- Andhra Bank
- Punjab National Bank
- Karur Vysya Bank Limited
- Union Bank of India
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