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31st August 2021 (5 Topics)

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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Verifying, please be patient.

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