Question
Which of the following derivative instrument is a type
of financial derivative in which fixed payments of interest are exchanged by two counterparties for floating payments of interest?Solution
A swap is an agreement between two counter parties to exchange cash flows in the future. Under the swap agreement, various terms like the dates when the cash flows are to be paid, the currency in which to be paid and the mode of payment are determined and finalized by the parties. Usually the calculation of cash flows involves the future values of one or more market variables. There are two most popular forms of swap contracts, i.e., interest rate swaps and currency swaps.
A series is given with two terms missing. Choose the correct alternatives from the given ones that will complete the series.
69, 77, 87, 99, 113,...
- The price of a product is first reduced by 15% and then increased by 25%. If the final price is ₹690, then find the original cost price.
Consider the symbols '*, $, #, @, %' and the various meanings associated with them asfollows:
'A * B' means ' A is not greater than B'
'A ...
Statement:
Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.
Courses of actio...
Each consonant of the word ‘ ALCHEMY ’ is changed to the next letter in the English alphabetical series. Each vowel is changed to the previous lette...
In the question given below, a passage is followed by three statements. Select the correct combination of statements that can be inferred from the passa...
Which of the following memory types is non-volatile and can be electrically erased and reprogrammed?
When the digits, which are odd in the number ‘92457863’ are decreased by 2 and the remaining digits are increased by 1, then what is the sum of 5
- The product of two numbers is 15.75. If one of the numbers is 4.5, then find the other number.
A 150-litre solution of juice and water contains the two in the ratio 3:2, respectively. If 30% of the solution is replaced with water, what will be the...
