Question
The instrument where coupon and principal payments of
bonds are converted into separate securities and are separately traded is called:Solution
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.
In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expres...
The girl would say that there _______ no dress for her to wear for the party.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
Choose the correct indirect/direct speech which best expresses the following sentence:- Mother told her son. "Why are you leaving the house early today?"
Select the option which correctly converts the given sentence into direct speech.
He has said that the soldier stuck to his post till further ord...
Select the most appropriate direct form of the given sentence.
Taru told me that Avika was having her online cooking class then.
Rahul said, “I can speak French.”
Choose the option that is the indirect form of the sentence.
Vandana said, “I’m being dropped to office today’’.
The jeweller said to us, "These diamonds are polished here."
My friend said to me, "For me running is like therapy."