What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian househ

Question

What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'?
1. To bring the idle gold lying with Indian households into the economy.
2. To promote FDI in the gold and jewellery sector.
3. To reduce India's dependence on gold imports.
Select the correct answer using the code given below.

Accepted Answer

(C) 1 and 3 only

Answer

(A) 1 only

Answer

(B) 2 and 3 only

Answer

(D) 1, 2 and 3