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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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