A forward rate agreement is an agreement to lend money on a particular date in the future at a rate that is determined today. It is like a forward contract where the underlying asset is a bond. A forward rate agreement is an agreement to lend money on a particular date in the future at a rate that is determined today. It is like a forward contract where the underlying asset is a bond. Options are one-way contract where one party has the right but not the obligation to trade in a particular asset at a particular price on pre-determined date/dates or in a particular time interval. Interest rate swaps are agreements where one side pays the other a particular interest rate (fixed or floating) and the other side pays the other a different interest rate (fixed or floating).
Noted personality Illayaraja will be conferred the Padma Vibhushan award. He is related to the field of:
Which was India's first community radio station?
What is the 'Upanayana' ceremony?
The GIS-based software developed by NHAI aims to monitor traffic at how many toll plazas initially?
Which Indian state is the birthplace of the ancient Sanskrit theatre tradition "Kutiyattam"?
The ‘Luddi Dance’ is a famous dance of which state?
What is the main cause of ocean acidification as highlighted in the Potsdam Institute for Climate Impact Research report?
Which Indian city houses all three institutions: IIT, IIM, and AIIMS?
What benefits does the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) offer in terms of pre-hospitalization expenses?
Strait of Kerch links which of the following two seas?
