Question
Which of the types of bonds are in the nature of
zero-coupon bonds? A.    Sovereign Gold Bonds B.    Oil Bonds C.    Treasury Bills D.    Cash management BillsSolution
Zero coupon bonds pay no periodic coupon, rather they are issued at a discount and redeemed at full face value. The difference in discounted issue price and face value accounts for the return on these bonds. Treasury bills and cash management bills issued by GoI are short term, money market bonds which are issued in such form.
What is the maximum Loan to Value (LTV) ratio for individual housing loans above ₹30 lakh and up to ₹75 lakh?
What is the primary focus of ethics?
In the realm of corporate accounting and finance, companies often need to allocate funds for various purposes ahead of time. One such allocation involve...
 Foreign Exchange transactions which may expose bank to transaction exposure are
A.   Purchase or Sale of goods in foreign currency
B...
What is the primary objective of the Basel III norms for banks?
Where the aggregate exposure of the banking system is ₹5 crore or more, borrowers can open current accounts with any one of the banks with which it ha...
In personal development, how does ethics contribute to decision-making?
What is the maximum limit for the Lead Bank’s unsecured loans under the revised guidelines for Urban Co-operative Banks (UCBs) with priority sector lo...
Which term refers to the specific rate of interest carried by a bond?
Which country's central bank signed a pact with NPCI International Payments Limited (NIPL) to develop a UPI-like instant payment system?
