n NISM Certifications
X NISM Series X
Medium

Companies cannot invest in Sovereign Gold Bonds because these bonds are primarily available for individuals, trusts, and similar entities, but not for corporate investors.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    An individual on behalf of a minor individual

  2. A Company

    Correct answer

  3. C

    A Private Trust

  4. D

    A Charitable Institute

Why this is the answer

Sovereign Gold Bonds are issued to individuals, trusts, and similar entities but are not available for direct investment by companies, which are not eligible to hold these bonds.

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