Question
A SEBI-registered Infrastructure Investment Trust
(InvIT) plans to raise funds by issuingĀ Masala BondsĀ in the London market. Which of the following regulatory combinations correctly identifies the currency risk-bearer and the minimum maturity requirements for this issuance in 2026?Solution
Masala BondsĀ are rupee-denominated bonds issued in offshore markets. In addition to corporates, SEBI-regulatedĀ REITs and InvITsĀ are specifically permitted to issue these bonds. Because they are settled in foreign currency but denominated in INR, theĀ investorĀ bears the risk of rupee depreciation. As per theĀ RBIās Master Direction on ECB, the minimum original maturity isĀ 3 yearsĀ for issuances up to USD 50 million equivalent per financial year andĀ 5 yearsĀ for issuances exceeding that amount.
The older Indian law governing civil aviation, which was recently replaced by the Bharatiya Vayuyan Adhiniyam, 2024, was enacted in which year?
The Muslim Women (Protection of Rights on Marriage) Act, 2019 deals with subsistence allowance in which of the following Sections?
Who among the following was the last Mauryan ruler and was killed by his commander-in-chief?
Which of the following is not present in Pteridophytes?
Which of the following five-year plan addressed the issue of removal of poverty as a chief objective for the first time?
Ā What is the validity period for Kisan Credit Card?
In May 2021, the government had raised the FDI limit in the insurance sector to 74% from _________ .
The MSF rate is pegged _____ basis points or a percentage point above the repo rate?
Which Indian state is the largest producer of wheat?
With reference to the Green Revolution in India, what is the full form of HYVP?
