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.
What will come in the place of question mark (?) in the given expression?
(ā676 of ā144 Ć· 13) of 2400% = ?Ā
(47.5 ÷ 9.5) × (78.5 ÷ 15.7) + 475 = ? + 15% of 150
20% of (ā9216 + ?) = 24
20 × 224 ÷ 16 – 50 = ? + 100
...144 (1/2) Ć 14 ā 28 = 7 Ć ?Ā
- What will come in place of the question mark (?) in the following questions?
75%Ā ofĀ 240 + 30 = ? Simplify: 3/4 + {5/6 Ć· (2/3 ā 1/6)} ā 7/8
- What will come in place of (?) in the given expression.
(ā of 450) ā (ā of 300) = ? 1555.5 + 1000.8 – 1354.3 = ? + 52
116 ÷ 280 of 1/2 + 3/5 × 5/3 = ?
