ISSN

2321-5763 (Online)
0976-495X (Print)


Author(s): Omkar Tilve, Uma M.H.

Email(s): Email ID Not Available

DOI: 10.5958/2321-5763.2016.00008.1   

Address: Mr. Omkar Tilve1, Dr. Uma M.H. 2*
1Assistant Professor, BET’s GBS, Belagavi
2Associate Professor, BET’s GBS, Belagavi
*Corresponding Author

Published In:   Volume - 7,      Issue - 1,     Year - 2016


ABSTRACT:
SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The quantity of gold for which the investor pays is protected, since he receives the ongoing market price at the time of redemption/ premature redemption. The SGB offers a superior alternative to holding gold in physical form. The risks and costs of storage are eliminated. What exactly the government intends to do is that by issuing these bonds the government of India essentially wants to control the imports of physical gold. This paper tries to make an attempt to understand the impact of scheme on Balance of Payment, on the Foreign Exchange and to understand if the scheme will generate exchange rate instability.


Cite this article:
Omkar Tilve, Uma M.H. . Sovereign Gold Bond (SGB): A Manufactured Foreign Exchange Crisis and Probable Way Out. Asian J. Management. 2016; 7(1): 53-55. doi: 10.5958/2321-5763.2016.00008.1


Recomonded Articles:

Author(s): Preeti Sodhi, Pratibha Thapa

DOI:         Access: Open Access Read More

Author(s): Saritha Madipelli, Y. Chinappa

DOI:         Access: Open Access Read More

Author(s): Dibyendu Bikash Datta, Sankhadip Bhattacharyya

DOI: 10.5958/2321-5763.2016.00002.0         Access: Open Access Read More

Author(s): M. Rifaya Meera, R. Padmaja, R. Mohammed Abubakkar Siddique

DOI: 10.5958/2321-5763.2017.00023.3         Access: Open Access Read More

Author(s): Shweta Rajput, Mayank Singhal, Shiv Kant Tiwari

DOI: 10.5958/2321-5763.2016.00015.9         Access: Open Access Read More

Author(s): Shilpa Jain, Nitya Khurana

DOI: 10.5958/2321-5763.2017.00001.4         Access: Open Access Read More

Author(s): Sanjay Kanti Das

DOI:         Access: Open Access Read More

Author(s): GoutamTanty, P K Patjoshi

DOI: 10.5958/2321-5763.2016.00029.9         Access: Open Access Read More

Author(s): Dharmendra Mehta, Naveen K Mehta, Shruti Jain

DOI: 10.5958/2321-5763.2017.00079.8         Access: Open Access Read More

Author(s): Neha Goyal, Rachna Agrawal, Renu Aggarwal

DOI: 10.5958/2321-5763.2015.00044.X         Access: Open Access Read More

Author(s): Bibhu Prasad Sahoo , Neeraj Jain, Garima Jain

DOI: 10.5958/2321-5763.2017.00038.5         Access: Open Access Read More

Asian Journal of Management (AJM) is an international, peer-reviewed journal, devoted to managerial sciences. The aim of AJM is to publish the relevant to applied management theory and practice...... Read more >>>

RNI: Not Available                     
DOI: 10.5958/2321-5763 


Recent Articles




Tags