What is the reason behind the rise in yield on the 10-year government bond in 2022?
Surplus liquidity conditions that prevailed post-Covid-19 in response to the Reserve Bank’s conventional and unconventional monetary measures moderated during FY23 in consonance with the changed monetary policy stance that focused on the withdrawal of accommodation. The Reserve Bank remained nimble and agile in liquidity management by conducting two-way operations. It injected liquidity to assuage transient liquidity tightness through two variable rate repo (VRR) auctions of ₹50,000 crore each of 3 days and overnight maturity on 26th July and 22nd September 2022, respectively. The gradual withdrawal of surplus liquidity pushed the weighted average call rate (WACR) – the operating target of monetary policy – closer to the policy repo rate, on an average basis. After remaining steady through 2020 and 2021, the yield on the 10-year government bond rose in 2022. The weighted average yield spike reflects the domestic bond market volatility stemming from uncertainty in crude prices, a hawkish stance of major central banks, a hardening of global bond yield and the pressure on the rupee. The trading volume in G-Secs (including T-Bills and SDLs) reached a two-year high of ₹27.7 lakh crore during Q2 FY23, registering a YoY growth of 6.3 per cent. The higher trading volume reflects the growing interest of market players/ traders in the government security market. Private Sector Banks emerged as the dominant trading segment in the secondary market during the quarter under review, with a share of 25.0 per cent in “Buy” deals and 24.8 per cent in “Sell” deals in the total outright trading activity, followed by foreign banks, public sector banks, primary dealers and mutual fund.
As per the Motor Vehicles Act, The duty to give information about insurance as per S. 152 includes-
A company may issue fully paid-up bonus shares to its members from ________________
A suit filed under the provisions of Specific Relief Act shall be disposed of by the court
Under Section 59 of IBC relating to voluntary liquidation of corporate persons, which of the following conditions must be met for a corporate person to ...
In case a company makes a default in transferring shares to the IEPF Fund, such company shall be liable for a penalty of __________________
Section 10 of the Specific Relief Act deals with____________________
Which one of the following is correct:
Which section of the IRDA Act delas with the constitution of the Insurance Regulatory and Development Authority Fund?
Disqualification on grounds of defection is provided under which Schedule of the Constitution of India?
According to section 12A of the Airports Authority of India Act no shall be made without the previous approval of the _______________________