Exams › IBPS PO › General Awareness

The Government of India, in consultation with the Reserve Bank of India, issues sovereign gold bonds. The maximum investment limit for a trust under the Sovereign Gold Bond Scheme 2018–19 is:

1. 2 kg
2. 4 kg
3. 10 kg
4. 20 kg

Correct answer: 20 kg

Solution

Under the Sovereign Gold Bond Scheme, the investment limit for trusts and similar entities is higher than that for individuals. For the 2018–19 scheme, the maximum limit for a trust was 20 kg.

Related IBPS PO General Awareness questions

• What are the minimum Capital to Risk-Weighted Assets Ratio (CRAR) requirements for urban cooperative banks (UCBs) as prescribed by the Reserve Bank of India (RBI)?
• For Tier 2, Tier 3, and Tier 4 UCBs, while retaining the current capital adequacy framework, it has been decided to revise the minimum CRAR to ____ so as to strengthen their capital structure.
• Which regulatory agency released the guidelines on the setting up of Digital Banking Units (DBUs) in April 2022?
• What does the term "Net Interest Rate Spread" refer to in banking?
• Credit card facility is not given by which institution?
• Which organisation regulates microfinance given by NBFCs?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →