Start learning 50% faster. Sign in now
Oil bonds are special securities issued by the government to Oil Marketing Companies (OMCs), as compensation to these companies in lieu of cash subsidies. These securities are usually long dated securities and carry a marginally higher coupon over the yield of the dated securities of comparable maturity. These securities are not eligible as SLR securities but are eligible as collateral for market repo transactions. Note - These bonds were issued to OMCs by India between 2005 and 2010 in lieu of cash at a time when the government used to fix fuel prices. Petrol and diesel prices were fixed by the government to cushion consumers from price shocks. In June 2010, petrol prices were deregulated, mirroring the market price of crude and the oil bonds were discontinued. However the previously issued oil bonds are to be serviced till redemption.
In a certain code language, ‘LASER’ is written as ‘MZTDS’, and ‘PAINT’ is written as ‘QZHOU’. How will ‘NATURE’ be written in that l...
What is the code for ‘Liquidity Issues’ in the same code language?
In a certain code language ‘SPROUTS’ is written as ‘SQTOTUV’ and ‘RADICAL’ is written as ‘EBSIMBD’. How is ‘PIRATES’ written in that...
If word MOMENTRECORD is coded as @&@#%*(#!&(/ then how will be MENTOR coded as
If ‘WARMTH’ is coded as '62',’ MAJESTIC’ is coded as '32', then ‘HISTORICAL’ is coded as ____.
In a certain code language, ‘LEMONS’ is written as ‘YSSPGM’. How will ‘WHALES’ be written in that code language?
In a certain code language, "Company decision identification" is written as "nu bv tg", "Company defects due" is written as "bc tg ug" and "Due faulty i...
In a certain code language, "JAM" is written as "72" and "RIPE" is written as "144". How is "BEAR" written in that code language?
 In a certain code language ‘RISKY’ is written as ‘JSSZL’ and ‘TRIAL’ is written as ‘SUIMB’. How is ‘SPINE’ written in that code? Â...
Who among the following person attends the class on 7th March?