Multiple choice

The maturity period of RBI Relief Bonds is

  1. 5 years

  2. 6 years

  3. 7 years

  4. 8 years
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

RBI Relief Bonds were government savings bonds issued by the Reserve Bank of India. These bonds had a fixed maturity period of 5 years, which means investors would receive their principal amount back along with interest after 5 years from the date of investment. Options suggesting 6, 7, or 8 years are incorrect as they don't match the actual maturity period of these bonds.

Keep practicing — related questions