Question
As per RBI’s new guidelines, what is the minimum
outstanding amount required for state government bonds to be eligible for STRIPS trading?Solution
The RBI has extended STRIPS trading to state government bonds, aligning with central government securities. For a bond to qualify, it must have a minimum outstanding amount of ₹10 billion , be a fixed-coupon bond, and have a residual maturity of up to 14 years. STRIPS allow the principal and interest portions of bonds to be traded separately, enhancing liquidity and debt management flexibility.
Consider the following Statements about Pradhan Mantri Garib Kalyan Package Insurance Scheme and choose the option with correct Statements.
(1) P...
Which of the following is an online transparent, competitive bidding system to ensure farmers get remunerative prices for their produce?
Public Financial Management System is an online software program designed and introduced by____________.
Which of the following Statements about the UNESCO is/are True?
I. UNESCO’s Headquarters are located in Paris and the Organization has mor...
Ministry of education launched which portal/website that will provide comprehensive information about the Indian Higher Education Institutions (HEIs).
Consider the following Statements and choose the Option with correct Statements.
             I.       Society for Worldwid...
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