Question
EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Bonds and Debt Instruments · What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'?
Related topics:
Foreign Exchange Reserves and External Stability

Classification and difficulty are editorial labels. Explanations are awaiting review.

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What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy 2. To promote FDI in the gold and jewellery sector 3. To reduce India's dependence on gold imports Select the correct answer using the code given below.

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Question 71 · Bonds and Debt Instruments · Economy · UPSC Prelims 2016 (GS)

Topics and years

2016 · GS · Question 71