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.
Direction: In the following question, a sentence is given, divided into 5 parts. Part (E) is grammatically correct. Out of the other four parts, one pa...
I had to / call the event down / as there / weren’t enough participants.
The most effective measure to keep (1)/ our roads safe is enforcement of rules (2)/ with zero tolerance to any violate rule. (3)/ No error. (4)
In the following question, a sentence is divided into four parts 1, 2, 3, and 4 in which two of the parts have some grammatical or contextual errors in...
Parts of the following sentence are given as options. Identify the segment that contains a grammatical error.
No sooner did the ship touch the ...
Identify the segment in the sentence which contains the grammatical error
A large section of a hotel under construction collapse in New Orlean...
She recorded the voices of men and women rarely given an opportunity to speak.
It being a stormy night, (a)/ you must thought of postponing (b)/ all your programmes till tomorrow morning. (c)/ No error (d)
India paid the price for not including a third pacer in Akash Deep, who sitting out to accommodate a three-man spin attack .
Medical and non-medical out-of-pocket private payments can effect access to healthcare