In the term STRIPS, the first letter S denotes

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In the term STRIPS, the first letter ‘S’ denotes

A	Single
B	Small
C	Special
D	Separate

Explanation:

Detailed explanation-1: -STRIPS is an acronym for Separate Trading of Registered Interest and Principal of Securities.

Detailed explanation-2: -STRIPS is the acronym for Separate Trading of Registered Interest and Principal Securities. Stripping is the process of separating a standard coupon-bearing bond into its individual coupon and principal components.

Detailed explanation-3: -A bear trap is a technical pattern that occurs when the price action of a stock, index or another financial instrument incorrectly signals a reversal from an uptrend to a downtrend. In other words, prices may move higher in a broad-based incline, only to encounter significant fundamental resistance or change.

Detailed explanation-4: -Separate Trading of Registered Interest and Principal of Securities ( STRIPS ) You can buy, hold, sell, and redeem STRIPS only through a financial institution, a broker, or dealer who handles government securities.

Detailed explanation-5: -Separate Trading of Registered Interest and Principal Securities (STRIPS) was created to provide investors with another alternative in the fixed-income arena that could meet certain investment objectives that were difficult to achieve using traditional bonds and notes.

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