Question
The instrument where coupon and principal payments of
bonds are converted into separate securities and are separately traded is called:Solution
STRIPS – Separate Trading of Registered Interest and Principal of Securities: STRIPS are the securities created by way of separating the cash flows associated with a regular G-Sec each semi-annual coupon payment and the final principal payment to be received from the issuer, into separate securities. They are like the Zero-Coupon Bonds (ZCBs). They are created out of existing securities only and unlike other securities, are not issued through auctions.
Some streets are not stones. Some bricks are not roads.
Statement:
I) No water is air
II) Some air are land
III) All land are floor
IV) Some fire are water
Conclusion:
Three statements are followed by four conclusions numbered I, II, III, and IV. You have to consider these statements to be true, even if they seem at va...
Statements:Â Â Â Â Â Â Some tiger are lion.
                               No cat is elephant.
Â
Statements:
At least some Chlorine are Bromine
Every Bromine are Sulphur
Each Sulphur are Hydrogen
Conclusions:
...
Statement:
Only a few Men is Women.
All Women is Wife.
Some Women is Husband.
Conclusion:
I. No Wife is Men
...- Read the given statements and conclusions carefully. Assuming that the two statements are given followed by three conclusions numbered I, II and III. Assum...
In each question below are given three statements followed by three conclusions numbered I, II and III. You have to take the two given statements to be...
Statements: Â Â All wheat are rice.
            Some rice are not pulses.
            All pulses are oats.<...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...