Question
RBI allows STRIPS trading of Government bonds and
certain state government bonds. What does STRIPS stand for?Solution
STRIPS stands for Separate Trading of Registered Interest and Principal of Securities. These are securities created by converting a bond’s periodic coupon payments and the principal into individual l zero-coupon instruments. Each of these can be traded separately, allowing investors to buy specific cash flows instead of the entire bond. For example, a 10-year SDL offering annual interest of Rs 70 and repaying Rs 1,000 in principal at maturity could be split into eleven separate securities - ten interest payments and one principal payment.
OUTLANDISH
Identify the highlighted part of speech, choose the correct answer
The student procrastinated too long and failed to finish the projectÂ
...From the options given below, select the option which states the correct combination of correct sentences.
- The fact is...
Most children remain ______ school between the age of seven and ten.
The satellite is functioning very well (A)/ and in another four days till now, (B)/ it will be placed into their (C)/ specified slot in the Geo-Synchron...
Select the statement that can logically complete the paragraph given below.
  That human beings often continue to pour money into bad project...
"An interview after the campaign ends (is the normal) for every candidate and every campaigner in every election," he said.
(As soon after the players arrived) in decorated cars, the ceremony began with traditional African drummers and dancers blowing conch shells.
Select the correctly punctuated sentence from the options below.
As a result of the unrellenting focus (A)/ on the anguished knocks (B)/ at the doors of the highest court, (C)/ the other inadequacies of the system (D)...
Relevant for Exams:
