Correct Answer - Option 4 : 20 kg
The government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bond, 2018-19-Series-I.
- It was issued by RBI on behalf of the Government of India.
- The Bonds will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, Universities, and Charitable Institutions.
- The maximum limit of subscribed shall be 4 KG for an individual, 4 Kg for Hindu Undivided Family (HUF) and 20 Kg for trusts.
- The minimum permissible investment will be 1 gram of gold.