Question
A type of bond (debt security) that allows the issuer of
the bond to retain the right of redeeming the bond at some point before the bond reaches its date of maturity, is called as-ÂSolution
A callable bond (Redeemable Bond) is a bond that can be redeemed by the issuer prior to its maturity. If interest rates have declined since the company first issued the bond, the company is likely to want to refinance this debt at a lower rate of interest. In this case, the company calls its current bonds and reissues them at a lower rate of interest. Buying a callable bond is like buying a simple bond and a call option of the same value.
In the sentence marked as (6) in the passage, find out an error, if there is any. If there is no error, mark option 5, ‘No error’ as the answer.
Choose the most appropriate word for blank no. (i)
Find the appropriate word.
Select the most appropriate option for blank No. 5.
Fill in blank 4 with the appropriate word from the options.
Select the most appropriate option to fill in blank No.4.
According to the author rupee is not the only currency that is losing its value against dollar. How does this fact affect India?
The two sides adopted a Joint Action Plan in 2005 towards strengthening dialogue and consultation mechanisms in the political and economic spher...
Fill in the blank with the most appropriate word.
Which of the following options is most suitable for blank 5?
