India Exam Junction
[PSSSB JE, 2024]
10. The maximum limit for subscription for Sovereign Gold Bonds (SGB) for an individual person and HUF respectively are
4 kg, 10 kg
10 kg, 4 kg
4 kg, 4 kg
10 kg, 10 kg
Correct Answer :
4 kg, 4 kg
Solution
The maximum subscription limit for Sovereign Gold Bonds (SGB) is 4 kg per individual and 4 kg for Hindu Undivided Families (HUF) per financial year. However, for trusts and similar entities, the limit is higher at 20 kg. These limits are specified to prevent excessive holding and ensure fair access.