​SGBs are government-backed securities that represent gold in digital form, measured in grams of gold. They serve as an alternative to holding physical gold, offering safety and convenience. Investors pay the issue price in cash at the time of purchase, and the bonds are redeemed in cash upon maturity, based on the prevailing gold price. These bonds are issued by the Reserve Bank of India (RBI) on behalf of the Government of India. What is the full form of SGB?​

Correct option is C

​SGB stands for Sovereign Gold Bond, a government-backed scheme issued by the Reserve Bank of India (RBI) on behalf of the Government of India. It allows investors to invest in gold in digital form rather than holding it physically, making it a safe and efficient alternative.​