CURRENT AFFAIRS

Detailed explanation-1: -The issue and trading of fixed income securities by each of these entities are regulated by different bodies in India. For eg: Government securities and issues by Banks, Institutions are regulated by the RBI. The issue of non-government securities comprising basically issues of Corporate Debt is regulated by SEBI. 12.

Detailed explanation-2: -Securities and Exchange Board of India (SEBI) was established, which regulates the primary issuances in capital and debt markets other than Government securities and ensures sound trading practices in the secondary market through stock exchanges.

Detailed explanation-3: -NIFTY Fixed Income indices offer independent and comprehensive benchmarks for the fixed income market in India, covering universe of fixed income assets including government securities, T-bills, corporate bonds of different credit rating categories, commercial papers, certificate of deposits and overnight rate.

Detailed explanation-4: -NIFTY BHARAT Bond Index Series Nifty BHARAT Bond Index-April 2023 measures the performance of AAA rated bonds issued by government owned entities maturing during the twelve months period prior to the maturity date of the index. Index follows a unique structure with defined maturity date.