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?Solution
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.
√29584.11 × √ 440.9 – (24.02)2 =? × 2.95
Two trains, 'P' and 'Q', are moving with speeds of 16 m/s and 24 m/s, respectively. The lengths of the trains are in the ratio 3:...
?% of 399.99 + 139.99 ÷ 6.99 = 59.99% of 559.99 + 41.09 X 15.99
30.05% of 1279.98 - ? x 4.06 = 8.082
?% of [(12.96 × 40.05) + 25.08 × 18.96] = 17.96 × 22.05 + 3.05 × 66.96
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
(168.24 ÷ 23.98) x 19.81 + ? = 176.33
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
? = 460.24 + 1057.97 – 14.992