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A credit default swap (CDS) is a financial derivative or contract that allows an investor to "swap" or offset his or her credit risk with that of another investor. For example, if a lender is worried that a borrower is going to default on a loan, the lender could use a CDS to offset or swap that risk. To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults. Most CDS will require an ongoing premium payment to maintain the contract, which is like an insurance policy.
Which Indian athlete has created a national record in the men's triple jump event held in Havana, Cuba in May 2023?
Which company has got the telecom license in India in May 2023?
Andhra Pradesh Chief Minister laid the foundation stone of 'Vizag Tech Park', it was set up by which group?
In May 2023, Ministry of Culture and MyGov have launched a singing talent hunt by which name?
With whom has the Reserve Bank of India launched the Global Tech Competition 'G20 TechSprint'?
What rank did India acquire in the World Press Freedom Index 2023?
Which country is ranked number 1 in ICC Men’s Test and T20 Team Rankings 2023?
What is the name given to the cyclone that the India Meteorological Department predicts to hit India’s Eastern Coast?
Under India’s G20 Presidency, Science 20 Engagement Group meeting was conducted in which area?
ASEAN Maritime Exercise 2023 begins today in Harbour Phase, the event is held at which military port?