The instrument where coupon and principal payments of bonds are converted into separate securities and are separately traded is called:
STRIPS – Separate Trading of Registered Interest and Principal of Securities: STRIPS are the securities created by way of separating the cash flows associated with a regular G-Sec each semi-annual coupon payment and the final principal payment to be received from the issuer, into separate securities. They are like the Zero-Coupon Bonds (ZCBs). They are created out of existing securities only and unlike other securities, are not issued through auctions.
‘Fiscal Drag’ expresses the impact of inflation on which of the following?
Consider the following statements with reference to the PM-SVANidhi -
I.The scheme was announced as a part of the Economic Stimulus-II under the ...
Who are the beneficiaries of the APAAR card created by the Government of India recently?
With reference to the Foreign Direct Investment (FDI) in India, which of the following statements is/are correct?
1. FDI limit for each sector ...
Atal Innovation Mission (AIM), NITI Aayog is Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the ...
Which of the following can aid in furthering the Government’s objective of inclusive growth?
(1) promoting self help group
(2) promoting...
Which of the following statements is/are TRUE with respect to UIDAI ?
I.The UIDAI is a statutory authority established under the jurisdiction o...
The scheme "Pradhan Mantri Matsya Sampada Yojana (PMMSY)" was launched by the Department of Fisheries; Ministry of Fisheries, Animal Husbandry, and Dair...
The exchange of commodities between two countries is referred as?
The country’s first Aadhaar based ATM is launched by which one of the following banks?