Question
Which of the following is correct full form of IGMS with
reference to insurance sector?Solution
IRDAI launched the Integrated Grievance Management System (IGMS) in the year 2010. · IGMS is a grievance redressal monitoring tool for IRDAI. · It also facilitates a central repository of industry-wide insurance grievance data; · Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first.
Mr. X bought a bond at 1000 at a 10% coupon rate. But he intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of...
Which among the following will not lead to generation of cash flows in financing activities?
A Portfolio Manager at a Mutual Fund is evaluating two bonds, Bond A and Bond B, both of which have the same Modified Duration of 7.5 years. Howeve...
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 d...
Which of the following describes the most significant technical difference between the Current Yield and the Yield to Maturity (YTM) of a bond?
...Which among the following was the first to issue a Masala Bond?
RBI allows STRIPS trading of Government bonds and certain state government bonds. What does STRIPS stand for?
What is c in FCCB (Type of bonds)
Which of the following day-count convention is used to price bond market financial instruments in Indian bond market?
Which of the following methods of retiring bonds before maturity is generally considered the most detrimental to the bondholders?