· An accrual bond is a bond in which the interest or coupon of the bond keeps accruing and is paid at the time of maturity and not at regular intervals. The interest is thus, cumulative that is paid on maturity. · A zero coupon bond is one that pays no periodic interest and are sold at a discount to par value. · A step-up bond is one that has a coupon rate that increases over time as per a specified schedule. · Floating rate bond is one on which the coupon rate is not fixed but based on a market reference rate (like MIBOR) plus some margin. · A debenture is like a normal bond on which no specific collateral is given by the issuer.
In which year was the Insurance Regulatory and Development Authority of India (IRDAI) established?
Match the diseases listed in Column I with their causative agents in Column II:
Column I:
- A) Hansen's disease
- B) Lyme disease...
Which country recently became the first to legalize bitcoin as legal tender?
Which one of the following is not a United Nations entity?
Which bank has recently partnered with the Indian Olympic Association (IOA) as the official banking partner for Team India at the Paris Olympics 2024?
Pandit Sanjay Marathe was renowned for his expertise in which two areas of music?
Who has been appointed as the Secretary (at the Director level) of the National Jute Board in Kolkata?
Consider the following statements:
I. For comprehensive rehabilitation of persons engaged in begging in 75 identified municipalities the Social J...
Who has been appointed as the new Managing Director & CEO of Federal Bank in September 2024?
Which state launched the “KALIA” scheme for the welfare of farmers?