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.
21 32 54 86 131 186
...Find the wrong number in the given number series.
2, 4, 12, 48, 120, 1440
Find the wrong number in the given number series.
77, 101, 139, 197, 281, 413
The series given below contains a sequence of numbers.
Accordingly identify the incorrect number.
9, 14, 24, 38, 59
8137, 5405, 3669, 2701, 2201, 1997
9256 6844 4888 3350 2152 1276
3, 4, 9, 28, 116, 566, 3397
112, 236, 374, 546, 790, 1376
Find the wrong number in the given number series.
58, 74, 61, 79, 64, 82
128, 132, 123, 139, 113, 150