RBI announces Sovereign Gold Bond Scheme 2021-22 Series VI
The Sovereign Gold bond scheme aims to channel domestic savings into a more productive section of the economy through financial markets. Analyze. (150 Words)
Approach:
- Introduce by briefly describing sovereign gold bond scheme
- Enumerate various provisions of the scheme
- Discuss importance of the scheme and how it channels domestic savings
- Enlist some major limitations of sovereign gold bonds.
- Way Forward / Conclusion
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