Question
Which of the following states is the first to issue
Masala Bond?Solution
Masala Bonds were introduced in India in 2014 by International Finance Corporation (IFC). The IFC issued the first masala bonds in India to fund infrastructure projects. Indian entities or companies issue masala bonds outside India to raise money.
- What does an increase in the Consumer Price Index (CPI) signify?
Statements:
(I) A rise in retail prices
(II) An increase in consumers... Which city has been designated to host the 2026 Commonwealth Games?
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