Financial Markets
Economic & Social Development · PYQ 2016
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.
Select the correct answer using the code given below.