BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the name of the renminbi-denominated bonds which has been approved by Pakistan’s cabinet to raise loans from China’s capital markets?
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Dragon Bonds
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China-Connect Bonds
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Masala Bonds
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Panda Bonds
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Explanation:
Detailed explanation-1: -A Panda bond is a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People’s Republic of China.
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