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What is the annual fixed rate of interest on SGB investments?a. 2 percentb. 2.5 percentc. 4 percentd. 3 perce

Question

What is the annual fixed rate of interest on SGB investments?

a. 2 percent
b. 2.5 percent
c. 4 percent
d. 3 percent

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Solution

To determine the annual fixed rate of interest on Sovereign Gold Bonds (SGB) investments, we need to refer to the latest government announcements or financial guidelines regarding these bonds. As of my last update, SGBs typically offer an interest rate that is set by the government, and this can vary from year to year.

In general, Sovereign Gold Bonds often provide a fixed interest rate that is typically in the range of 2.5% to 3%. Therefore, based on the options provided:

a. 2 percent
b. 2.5 percent
c. 4 percent
d. 3 percent

Given this range, the most likely correct answer for the annual fixed interest rate on SGB investments is b. 2.5 percent or d. 3 percent, depending on the latest specific issuance details.

For the most accurate and current information, please refer to official financial documents or the Reserve Bank of India (RBI) announcements regarding SGB rates.

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