General Awareness Questions

Q.  Which state has become the 1st Indian state to list Masala Bond in overseas market?

a. Karnataka
b. Odisha
c. Sikkim
d. Kerala


ANSWER: See Answer
 
Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency. Kerala Infrastructure Investment Fund Board have listed 21.5 billion rupees ($305 million) of Masala bonds on the London Stock Exchange.
 

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