The face value of a share is the basis for calculating the dividend payable on a share. This is because dividends are often expressed as a percentage of the face value of the shares.

The Sovereign Gold Bond Scheme doesn’t come under small savings schemes in India. Small savings schemes typically involve financial instruments like savings accounts, fixed deposits, and government-backed schemes aimed at encouraging savings among the public. The Sovereign Gold Bond Scheme, on the other hand, is a government initiative to enable individuals to invest in gold in a non-physical form.

An open-ended debt scheme investing in below highest-rated corporate bonds. The minimum investment in corporate bonds shall be 65 percent of total assets (only in AA (excludes AA+ rated corporate bonds) and below rated corporate bonds).

The Reserve Bank of India (RBI) as the manager of Public debt, is responsible for the primary issue of Government securities, all contracts involving such securities and money market instruments like Treasury Bills, Certificate of Deposits etc

The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance is responsible for handling all matters related to the disinvestment of Government of India shareholding in Central Public Sector Enterprises, not the Department of Economic Affairs.

Financial planners have a fiduciary responsibility to serve the client’s best interest, act in utmost good faith, and disclose all material facts. However, guaranteeing or ensuring the “best returns” is not within the control of the financial planner and is subject to market conditions. The emphasis is on acting prudently and in the client’s best interest rather than promising specific investment outcomes.