Multiple choice

Which of the following options is/are true for Gold Bond Scheme?

  1. Minimum limit of gold deposit = 500 gm

  2. No investigation of source of deposited gold

  3. No upper limit of gold deposit

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Gold Bond Scheme was launched with a minimum deposit limit of 500 grams to attract even small holders. It allows gold deposits without any investigation into the source of the gold (to encourage voluntary disclosure) and places no upper limit on deposits. All the features mentioned in options A, B, and C are correct.

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