insurence exam UIIC Assistant Mock Test 2023 Banking and Financial Awareness Financial Organisations
Which of the following is incorrect for Zero Coupon Bond?
1
These are issued at discount.
2
There is no interest paid on these bonds.
3
They are repaid at face value.
4
The buyer of these bonds gets payment at the maturity of the bond.
5
These are issued by the Reserve Bank of India.