UPSC 2016 • Q8Indian Economy & Socio-Economic DevelopmentMedium
Financial & Capital Markets
With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.
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