Direction: In each of the following questions, choose the most appropriate sequence of sentences from the given choices.
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S1: Investors will soon be able to invest in gold in paper form.
(i) On maturity, the investor will receive an amount which is equivalent to the face value of gold prevailing at the time in rupee terms.
(ii)The government intends to cap the amount raised through the SGB's at 50 tons or 0.1 per cent of the GDP.
(iii) The bonds will be issued in denominations of 2, 5, and 10 grams of gold, with a minimum tenure of 5 years.
(iv) The investment called sovereign gold bonds (SGB's) will have a sovereign guarantee and offer interest rates in grams of gold.
S6: If the scheme is fully subscribed, it will result in a saving of US$2 billion on gold imports at current gold prices.
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- (ii) (iii) (iv) (i)
- (ii) (iv) (iii) (i)
- (iv) (i) (iii) (ii)
- (iv) (iii) (i) (ii)
Correct Option: D
Sentences (ii) and S6 have a link. S1 pairs with (iv) and 'maturity' must come last.