Question
As per RBI’s new guidelines, what is the minimum
outstanding amount required for state government bonds to be eligible for STRIPS trading?Solution
Explanation:
The RBI has extended STRIPS trading to state government bonds, aligning with central government securities. For a bond to qualify, it must have a minimum outstanding amount of ₹10 billion , be a fixed-coupon bond, and have a residual maturity of up to 14 years. STRIPS allow the principal and interest portions of bonds to be traded separately, enhancing liquidity and debt management flexibility.
The type of account which is opened by the investor while registering with an investment broker (or sub-broker) is called __________.
Scheduled Banks in India refer to those banks which have been included in the _______ Schedule of Reserve Bank of India Act, 1934.
Which of the following Bank is nationalised in 1st phase of Nationalisation of Banks?
The Headquarter of SIDBI was located in __________
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers...
What is a mortgage?
Which bank works as a Lead Bank in the district?
NITI Ayog stands for
. ________________ has recently approved a law banning all exploration and production of oil and natural gas by 2040.
Which of the Following T-Bills is not issued at present?
