Question
Which of the following day-count convention is used to
price bond market financial instruments in Indian bond market?Solution
Day count convention followed in Indian debt market o Money market: actual/365 i.e. that the actual number of days in a month is taken for number of days (numerator) whereas the number of days in a year is taken as 365 days; o Bond market: 30/360, which means that irrespective of the actual number of days in a month, the number of days in a month is taken as 30 and the number of days in a year is taken as 360
Where a person who is in a position to dominate the will of another, enters into a contract with him, and the transaction appears, on the face of it or ...
When Court refers parties to suit for settlement of dispute under Section 89 of the code of Civil Procedure, the plaintiff is :
Adult suffrage means-
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