ATTEMPT · INDIAN ECONOMY · PRELIMS 2016

Consider the following statements with reference to ‘IFC Masala Bonds’ - 1. The International Finance Corpora…

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2016 paper Indian Economy

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Consider the following statements with reference to ‘IFC Masala Bonds’ -

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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