GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Domestically traded bond in dollars
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Rupee dominated bondstraded oversees
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Oversees traded bond in oversees currency
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Rupee dominated bondstraded domestically
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Detailed explanation-1: -What is a Masala Bond? Masala Bonds are rupee-denominated bonds issued outside India by an Indian entity. These are debt instruments used to raise money from foreign investors in local currency. The framework for the issuance of rupee bonds overseas falls within the External Commercial Borrowings policy.
Detailed explanation-2: -Masala Bonds are debt instruments that are used to attract capital from international investors in the form of local currency. These are issued outside of India by an Indian entity as rupee-denominated bonds.
Detailed explanation-3: -Masala Bonds are traded in India International Exchange (INX), London Stock Exchange (LSE), Luxembourg Stock Exchange. Historically, 43 Masala bonds have been issued on the London Stock Exchange.
Detailed explanation-4: -Masala bond is an Indian rupee denominated bond issued outside India. Q. Choose the correct answer from below.