Question
Which of the following derivative instrument is a type
of financial derivative in which fixed payments of interest are exchanged by two counterparties for floating payments of interest?Solution
A swap is an agreement between two counter parties to exchange cash flows in the future. Under the swap agreement, various terms like the dates when the cash flows are to be paid, the currency in which to be paid and the mode of payment are determined and finalized by the parties. Usually the calculation of cash flows involves the future values of one or more market variables. There are two most popular forms of swap contracts, i.e., interest rate swaps and currency swaps.
The RBI’s guidelines on the formation of new districts in Madhya Pradesh, issued in January 2024, designated which bank as the Lead Bank for the newl...
The essence of effective communication is that?Â
All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the _________.
MGNREGA legally-backs guarantee for any rural adult to get work within _____of demanding it.
Which of the following person are not eligible to apply to the NPS scheme?
Which of the following steps were taken during the Liberalisation process in India?
I- The new policy encouraged the entry of private sector firm...
What new category of trading participants was introduced by IFSCA in April 2024 to allow foreign entities to trade without a physical presence in the IF...
The cost of a machine with life of 10 years was Rs.12 lakh with no salvage value expected at the end of the life of the machine. However, after 5 years,...
Which of the following Statement is correct with respect to cash and cash equivalents?
Which of the following is a notional cost?
