Zero-coupon bonds are financial instruments that do not pay periodic interest.
Instead, they are sold at a discount and redeemed at their full face value upon maturity.
These bonds offer simplified interest management as no periodic payments are required, making them attractive to investors seeking fixed returns over a specific period. However, they come with risks, including the lack of periodic interest payments.
The value of these bonds is inversely related to interest rates, and the longer the bond’s duration, the more sensitive it is to interest rate changes.
2. Regarding the Competition Commission of India (CCI), consider the following statements:
It is an executive body that aims to establish a strong competitive environment.
Appeals against the orders of the CCI lie with the National Company Law Appellate Tribunal (NCLAT).
Select the correct option:
[A] Only 1 [B] Only 2 [C] Both 1 & 2 [D] Neither 1 nor 2.
The Competition Commission of India (CCI) is a statutory body established by the Government of India to enforce the provisions of the Competition Act, 2002.
In 2017, the government replaced the Competition Appellate Tribunal (COMPAT) with the National Company Law Appellate Tribunal (NCLAT) for hearing appeals against the orders of the CCI, in line with the provisions of the Act.
3. Consider the following statements regarding the Gaganyaan mission:
The mission will have one unmanned flights and two human spaceflight.
The Orbital Module will carry three Indian astronauts, including a woman.
The mission will circle Earth at low-earth orbit for 5-7 days.
PSLV will launch Gaganyaan due to its payload capability.
Which of the above is/are correct?
[A] Only one [B] Only two [C] Only three [D] All four
The Gaganyaan mission, led by the Indian Space Research Organisation (ISRO), consists of three flights: two unmanned and one human spaceflight.
The Gaganyaan system module, known as the Orbital Module, will carry three Indian astronauts, including a woman.
The mission will orbit Earth at a low-earth orbit, 300-400 km above the surface, for 5-7 days.
The GSLV Mk III, also called LVM-3, a three-stage heavy-lift launch vehicle, will be used for the Gaganyaan launch due to its sufficient payload capacity.
4. Arrange the following Ramsar sites from North to South:
Notes: Venera 7 was the first spacecraft to successfully land on Venus and transmit data back to Earth. The other spacecraft listed are associated with Mars (Mariner 4), Jupiter (Pioneer 10), Uranus and Neptune (Voyager 2), and the Moon (Luna 9).
The above questions are part of Daily UPSC 20 Current Affairs MCQs Series in GKToday Android Application. This series can be subscribed in the app only for user friendly test with detailed answers and explanations. Download Now
The above questions are part of Daily UPSC 20 Current Affairs MCQs Series in GKToday Android Application. This series can be subscribed in the app only for user friendly test with detailed answers and explanations. Download Now
