Attempt this previous-year question. The correct option stays hidden until you choose.
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.
Select the correct answer using the code given below.
Pick an option to check yourself.
• Correct Answer: C
• IFC is the private-sector arm of World Bank Group; Masala Bonds are rupee-denominated offshore debt instruments.
• Currency risk is borne by investors, making them attractive for Indian infrastructure financing.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
GyanGram