my 1st upload to slidshare

1. Submitted By: Arpit Daga
Gold Monetization

2. How the scheme work

3. What is the scheme ?
Under the gold monetization scheme of
Indian Govt. The public of India can
purchase gold bonds instead of
purchasing real gold.

4. Who can issue the bonds?
The following institutions of Indian Govt.
can only issue the bonds
a. The RBI of India.
b. The Authorized banking institutions.
c. The other Authorized financial
institutions of India. Authorized by govt.
of India

5. Key points of the scheme
 The scheme is to followed according the
tenure decided by the govt. (short
,medium or long term)
 By following the scheme the import of
gold in India will fall down and the govt.
id free to not pay the import duties.
 This will improve the economy of India.

6. Benefits of the scheme
 The sale of bonds is in between the
entities of India.
 If the gold is ideal in house and if u
deposit into the bank or any other
authorized institutions you will gain a
rate of interest according to your tenure.
 To secure the citizens to pay the
volitality of gold prices.

7. Drawbacks of the policy
 No, one can buy more than of 500 gram
of gold/bonds of 500 grams.
 The interest rate on your deposit will be
decided by the Indian govt.. So, it may
be not as the owner of the gold want.