Question

How do Zero Coupon Bonds (ZCBs) generate returns for investors, as per the ₹10,000 crore issuance allowed to the Power Finance Corporation (PF

  • C ?
A By providing fixed annual interest payouts
B By offering tax-free interest earnings
C By being issued at a discount and redeemed at full face value
D By being linked to inflation indexation
E By offering flexible interest rates based on market conditions
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