Current Affairs Question - 10 August 2022
Economy Watch
National Project (NP) Status
Recently, which of the following irrigation projects was denied inclusion under the National Project (NP) status in the absence of investment clearance?
| A |
Gosikhurd Irrigation Project, Maharashtra
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| B |
Polavaram Project, Andhra Pradesh
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| C |
Kaleshwaram Lift Irrigation Project, Telangana
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| D |
Teesta Barrage Project, West Bengal
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Economy Watch
Zero Coupon Bond
Which of the following statement(s) is/are incorrect about Zero Coupon Bond:
- It is a debt security that does not pay interest.
- The difference between a regular bond and a zero-coupon bond is the payment of interest, otherwise known as coupons.
- Zero-coupon bondholders do not receive the face value of the bond when it reaches maturity.
Choose the correct answer from the codes given below:
| A |
1 and 2
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| B |
Only 3
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| C |
2 and 3
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| D |
1, 2 and 5
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