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.
The Tropic of Cancer (23°30' N) passes through which states of India?
Which climate classification best describes the high-altitude regions of Uttarakhand?
In a particular region in India, the local people train the roots of living trees into robust bridges across the streams. As the time passes, these brid...
Which area is referred to as the Konkan coast?
 Which of the following is/are the features of wet tropical evergreen vegetation?
1. Dense Forest with thick spread of grass.
2. Low vege...
In the context of Andaman and Nicobar Islands, which of the statements given below is/are correct?
1. Saddle peak is the highest mountain peak of...
The Ideal temperature for the growth of Bajra is between
Consider the following pairs:
Which of the pairs give...
Which of the following is incorrect regarding Lakshadweep islands?
Arrange the following peaks from East to West based on their geographical locations:
1. Mount Everest
2. Mount Denali
3. Mount Kilimanjaro
4. Mount Elbrus