Q. The term ‘Masala Bond’, sometimes appearing in news, is used in relation to __:

  • (A) Indian rupee denominated bonds issued in offshore capital markets
  • (B) US Dollar denominated bonds issued in Indian capital markets
  • (C) Mix Currency Denominated bonds issued in Indian capital markets
  • (D) World Bank bonds issued in Indian Markets
βœ… Correct Answer: (A) Indian rupee denominated bonds issued in offshore capital markets

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