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.
What is the total budgetary support approved by the Cabinet for the Pradhan Mantri Ujjwala Yojana (PMUY) targeted subsidy for FY 2025–26?
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
As per section 408 of the Companies Act the National Company Law Tribunal shall consist of ________________
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- Income from Salary: ₹4,00,000
- Income from House Property (net after deductions): �...
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State which statement is incorrect:
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What is Bank Overdraft?
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
Standard labour hours for producing 1,000 units = 2,000 hours at ₹60/hour. Actual output = 900 units, actual hours worked = 1,950 hours, and actual wa...
