Question
The instrument where coupon and principal payments of
bonds are converted into separate securities and are separately traded is called:Solution
STRIPS – Separate Trading of Registered Interest and Principal of Securities: STRIPS are the securities created by way of separating the cash flows associated with a regular G-Sec each semi-annual coupon payment and the final principal payment to be received from the issuer, into separate securities. They are like the Zero-Coupon Bonds (ZCBs). They are created out of existing securities only and unlike other securities, are not issued through auctions.
If HEAR is written as KJHA, then MILK can written as
Who is sitting to the immediate right of Pinky?
A is the brother-in-law of B. B is the daughter of M who is the wife of G. J is the father of N. N is the only son-in-law of G. B is the daughter-in-law...
By interchanging the given two numbers (not digits), which of the following equations will be correct?
44 and 19
I. 203 + 44 – 27 × 19 ...
Statements:
All teas are juices.
All juices are cocktails.
Conclusions:
I. All teas are cocktails.
II. All cockta...
Three different positions of the same dice are shown. Find the number on the face opposite the face showing ‘1’.
If B < H < T and H > R > D = M > A, then which of the following conclusions is correct?
Two different positions of the same dice are shown, the six faces of which are numbered from 1 to 6. Select the number that will be on the face opposite...
Study the given pattern carefully and select the number that can replace the question mark (?) in it.
Which of the following interchanges of signs would make the given equation correct?
57 − 19 × 18 + 9 ÷ 45 = 18
