Which of the following is not a correct statement with respect to Masala Bonds? 

[A] They allow Indian companies to raise overseas debts in Indian currency
[B] Interest Payment on Masala Bonds is in Indian Rupee
[C] Most popular market for Masala Bonds is New York currently
[D] All of the above are correct statements

Show Answer

This question is part of 20000+ General Studies Questions course on GKToday Android app

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...