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Reserve Bank of India announced the issue price for Sovereign Gold Bond Scheme 2021-22 - Series VI. When was the Sovereign Gold Bond Scheme launched?

1. 2016
2. 2017
3. 2018
4. 2015

Correct answer: 2015

Solution

The Sovereign Gold Bond Scheme was launched by the Government of India in 2015. It was introduced as an alternative to holding physical gold and is issued in tranches by the RBI. Hence, 2015 is correct.

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