CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Municipal bond of India has been selected by the US Treasury for a case study on the successful listing?
A
Vadodara
B
Pune
C
Lucknow
D
Indore
Explanation: 

Detailed explanation-1: -Treasury Bonds: What Are the Differences? Municipal bonds and treasury bonds are both interest-paying debt securities issued by governments, but while treasury bond interest income is subject to federal tax, municipal bond interest income is not.

Detailed explanation-2: -"The launch of Green Bond issue by Indore Municipal Corporation is a great example of cooperative federalism & depth of local governance model in India, ‘’ Ashishkumar Chauhan, MD & CEO, NSE, said.

There is 1 question to complete.