Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Government securities are the most important and unique financial instruments in the financial markets of any economy. Government of India Securities (GOI Sec) include debt obligations of the central government, state governments and other financial institutions owned by central and state governments. As the repayment of principal as well as interest is secured by the government or its guarantee, these instruments are usually referred to as 'Gilt-Edged Securities'. Literally, gilt means gold, and therefore, a gilt-edged security implies 'security of the best quality'. As government securities are loans floated by the government, they become a part of the national debt of the country and the payment of interest on them and also their repayment has a first charge on a nation's purse. Hence, they are absolutely secured financial instruments, guaranting the capital as well as the interest income. Central government securities are considered to be the safest claims amongst stocks of local authorities and industrial debentures, etc. Thus, investors prefer to invest in these securities though the rate of interest is relatively low, when compared to other money market instruments. In the absence of default risk, they are regarded as risk-free investments.
Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib
strengths and weakness
What is Control risk That material misstatement could take place and not be detected, or prevented on a timely basis, by accounting and internal control systems. All audits
Divestment of company re-organisations Adisinvestment or divestment is selling part of the business or subsidiary to another third party. Reasons and features for divestme
We have earlier studied that the investor may have to carry cash for some time because of discrepancies arising between the timing of the bond's cash-flow and the
Q. What is Cost Recovery Method? Cost Recovery Method - METHOD OF REVENUE RECOGNITION that identifies profits after costs are entirely recovered. Normally used only when the to
answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
Question 1: (a). A big multinational company wishes to employ a PR manager for all its PR activities. What according to you would be the advantages and disadvantages of having
Question 1: i) Performance budgeting is the best budgeting system. Discuss. ii) Why there is a need for implementing MTEF in the Mauritian Public Sector? Questi
Profit Maximisation Decision Criterion According to this approach, actions which increase profits must be undertaken and those that decrease profits are to be avoided. In speci
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd