General Knowledge - General Knowledge:

Economics

MCQ - 1415-6674

Question:

Which of the following best defines a floating-rate bond?

A bond with a fixed interest rate and has better yield than varying interest rate bond [
A bond with a fixed interest rate and has lower yield than varying interest rate bond
A bond with a varying interest rate and has better yield than fixed interest rate bond
A bond with a fixed interest rate and has lower yield than varying interest rate bond

Correct Answer: B

Explanation:

Floating rate bonds have variable interest rate and protect investors against a rise in interest rates (which have an inverse relationship with bond p

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2091 MCQ for effective preparation of the test of Economics of General Knowledge section.

Read the MCQ statement: Which of the following best defines a floating-rate bond?, keenly and apply the method you have learn through the video lessons for Economics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 1415-6674.

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Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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