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Which tax benefit applies specifically to an individual investor who holds a Sovereign Gold Bond to final redemption?

1. 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. [UPSC CSP 2016, GS Paper I]
2. What is the standard tenor of a Sovereign Gold Bond, and from which year does an early-exit window open?
3. Under the Gold Monetization Scheme, which deposit category was offered directly by banks on their own account, using short one-to-three-year tenors?
4. Which tax benefit applies specifically to an individual investor who holds a Sovereign Gold Bond to final redemption?
5. As of the Union Budget 2025 announcement, what is the current status of fresh Sovereign Gold Bond issuances?

 

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