Question
To check the widening Current Account Deficit in 2013,
RBI introduced 80:20 scheme for restriction on import of which commodity?Solution
RBI withdrew the gold import restrictions popularly known as the “80:20” scheme in November 2014. Introduced in August 2013 the rule enjoined all gold importers to supply at least 20 per cent of the quantity brought in to jewellery exporters. Permission for subsequent import would be given only on fulfilment of this export obligation.
Which type of bond allows the holder to convert it into a specified number of equity shares?
A company issues ₹10 crore worth of bonds at a coupon rate of 8% annually, while the market interest rate is 10%. The bonds are sold at a discount. Wh...
A bond with face value ₹1,000 pays annual coupon 9%. Market yield for similar risk is 12%. Approximate bond price (one-year discounting for perpetuity...
A bond selling at a price above its face value is said to be selling at a:
An investor purchased a bond for ₹1,200 that pays an annual interest of ₹100 and matures in 5 years at face value of ₹1,000.
What does this...
What is the tenor of Sovereign Gold Bonds (SGBs) issued by the Government of India?
The duration of a bond is a measure of its:
A bond with a face value of ₹1,000, 5% annual coupon, and maturity of 5 years is sold at ₹950. What does this price suggest?
Interest payable on the bonds is a/an _________
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...