BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
5
|
|
|
8
|
|
|
10
|
|
|
15
|
|
|
None
|
Detailed explanation-1: -SDLs service their interest at half-yearly intervals and repay the principal amount on the maturity date. They are generally issued for ten years.
Detailed explanation-2: -State Development Loan (SDL) is a bond issued by state governments to fund their fiscal deficit. Each state can borrow up to a set limit. SDLs pay interest on a half-yearly basis and repay the principal amount on maturity. These bonds are issued generally for 10-year but they can be issued with other maturities too.
Detailed explanation-3: -The India 10 Years Government Bond has a 7.453% yield (last update 27 Feb 2023 12:15 GMT+0).
Detailed explanation-4: -1.2 A Government Security (G-Sec) is a tradeable instrument issued by the Central Government or the State Governments. It acknowledges the Government’s debt obligation.