Question
In June 2025, RBI allowed STRIPS trading to state
government bonds meeting certain residual maturity and outstanding amount requirements . Which of the following is the correct full form of STRIPS? ÂSolution
STRIPS stands for Separate Trading of Registered Interest and Principal of Securities . These are securities created by convert ing a bond’s periodic coupon payments and the principal into individu al 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.
Which of the following country is not an OPEC member country?
There are total ___ SCO permanent member countries.
Which of the following statement is correct about Malavikagnimitra?
I. It was compiled by kalidasa.
II. It describes Agnimitra, son o...
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Which Union Ministry is associated with the Citizenship (Amendment) Act, 2019?
. By how much percentage has the wage revision for LIC employees been increased starting August 2022?
Who is the Chairman of NITI Aayog
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What was the theme of World Environment Day 2024?
