Sovereign Gold Bond (SGB) Scheme Calendar for premature redemption during October 2026 – March 2027
Distilled Policy Brief
- Investors are advised to note the submission period for redemption requests if they wish to redeem holdings before maturity.
🎯 Prelims High-Yield Examination Points
Premature redemption of sovereign gold bonds is allowed after five years from issue, a notable feature of the SGB scheme.
⚖️ Mains Analytical & Syllabus Linkages
Evaluate the significance of sovereign gold bonds in India's financial system and the impact of their premature redemption provisions on investors and market stability.
🎯 UPSC Prelims Practice Drill
According to the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme, after how many years from the date of issue can an investor redeem the bonds prematurely?
- [A] Three years
- [B] Four years
- [C] Five years
- [D] Six years
▶ Reveal Official Answer & Analytical Explanation
Para 13 of the Consolidated Procedural Guidelines (issued by the RBI) states that premature redemption of SGBs is permitted after five years from the date of issue. The other options do not reflect this guideline.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.