Question
What is the main objective of the memorandum of
understanding (MoU) between IIT Kanpur and Indian Institute of Skills (IIS)?Solution
The MoU between IIT Kanpur and IIS aims to involve IIT Kanpur in mentoring the development of laboratory infrastructure at IIS Kanpur, developing suitable course curriculum, and offering joint certificate and diploma courses approved by both institutes.
Which type of bond allows the holder to convert it into a specified number of equity shares?
A company issues ₹10 crore worth of bonds at a coupon rate of 8% annually, while the market interest rate is 10%. The bonds are sold at a discount. Wh...
A bond with face value ₹1,000 pays annual coupon 9%. Market yield for similar risk is 12%. Approximate bond price (one-year discounting for perpetuity...
A bond selling at a price above its face value is said to be selling at a:
An investor purchased a bond for ₹1,200 that pays an annual interest of ₹100 and matures in 5 years at face value of ₹1,000.
What does this...
What is the tenor of Sovereign Gold Bonds (SGBs) issued by the Government of India?
The duration of a bond is a measure of its:
A bond with a face value of ₹1,000, 5% annual coupon, and maturity of 5 years is sold at ₹950. What does this price suggest?
Interest payable on the bonds is a/an _________
BankCo holds debt securities:
• Portfolio A: Government bonds held to collect contractual interest/principal.
• Portfolio B: Corporate...
