Oil bonds are special securities issued by the government to Oil Marketing Companies (OMCs), as compensation to these companies in lieu of cash subsidies. These securities are usually long dated securities and carry a marginally higher coupon over the yield of the dated securities of comparable maturity. These securities are not eligible as SLR securities but are eligible as collateral for market repo transactions. Note - These bonds were issued to OMCs by India between 2005 and 2010 in lieu of cash at a time when the government used to fix fuel prices. Petrol and diesel prices were fixed by the government to cushion consumers from price shocks. In June 2010, petrol prices were deregulated, mirroring the market price of crude and the oil bonds were discontinued. However the previously issued oil bonds are to be serviced till redemption.
Which keyword is used to allocate dynamic memory in C++?
In which part of a function are local variables typically declared?
Attributes that do not exist in the physical database, but their values are derived from other attributes present in the database.
What is the purpose of the "GROUP BY" clause in an SQL query?
In a compiler, keywords of a language are recognized during
Which type of variable has the widest scope and can be accessed from any part of the program?
Sending a packet to all destination simultaneously is called
Which tree traversal visits the nodes in the order: left, root, right?
What is machine learning?
In dynamic programming, what is memoization?
