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    Question

    Which city was the only one to issue municipal bonds in

    FY 21-22?
    A Mumbai Correct Answer Incorrect Answer
    B Bangalore Correct Answer Incorrect Answer
    C Hyderabad Correct Answer Incorrect Answer
    D Vadodara Correct Answer Incorrect Answer
    E Kolkata Correct Answer Incorrect Answer

    Solution

    Vadodara was the only city to issue municipal bonds in FY 21-22, showcasing an innovative approach to financing urban development projects and infrastructure through the capital market.

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