Sawaal
3
Q:

Which neighboring country of India has approved the issuance of Panda bond?

A) Afghanistan B) Pakistan
C) Bangladesh D) Nepal

Answer:   B) Pakistan



Explanation:

The term panda bond refers to an indenture issued in China, in Chinese renminbi, by a foreign bank or corporation. The Pakistan cabinet approved the issuance of the maiden renminbi-denominated 'Panda Bonds' during its meeting presided over by Prime Minister.

Subject: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
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