Question
Which of the following is incorrect about FFCB (Foreign
Currency Convertible Bond)? i. Issued by an Indian listed company in overseas market. ii. It’s a debt instrument iii. FCCBs appear on the liabilities side of the issuing company's balance sheet.Solution
FCCB is a Quasi-debt instrument because there is an option of converting the bonds into equity at a price determined at the time the bond is issued. As debt-instrument it ensures minimum guaranteed returns for the investor. Normally FCCBs have a maturity period of about five years during which no call or put option can be exercised.
If the signs – and ÷ are interchanged, then which of the following equations would be correct?
Select the set in which the numbers are related in the same way as are the numbers of the given sets.
(NOTE: Operations should be performed on th...
How many classes are there in the given picture?
Select the option that can replace the question mark (?) in the following figure series.
The equations in the statements represent the heights of the given letters. According to these equations, find who is the shortest amongst all.
Select the correct option that indicates the arrangement of the given words in the order in which they appear in an English dictionary.
1. Desire...
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15, 27, 12, ?, 9, 33
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S is shorter than N. P is taller than S. Q is taller than N but shorter than H. N is taller than P. Who will be exactly in the middle if they stand in a...