Sawaal
3
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:   D) Kerala



Explanation:


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.

Subject: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
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