The government launched the Sovereign Gold Bond Scheme FY 19. Which of the following interest rates does the scheme offer?

The government launched the Sovereign Gold Bond Scheme FY 19. Which of

1.	The government launched the Sovereign Gold Bond Scheme FY 19. Which of the following interest rates does the scheme offer?
Answer» 0.05 `1.5%` `7.5%` `2.5%` Solution :Government has launched the sovereign gold Bond scheme FY 19 to cut down gold imports and lower the current account DEFICIT. The scheme OFFERS of 2.5 % interest RATE and capital gains tax exemption on redemption.