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      Question

      For the deepening of the Corporate Bond Market, what new

      financial instrument is the government proposing to introduce?
      A Credit Default Swaps Correct Answer Incorrect Answer
      B Total Return Swaps Correct Answer Incorrect Answer
      C Masala Bonds Correct Answer Incorrect Answer
      D Green Bonds Correct Answer Incorrect Answer
      E Inflation-Indexed Bonds Correct Answer Incorrect Answer

      Solution

      The Union Budget 2026-27 proposed to introduce "total return swaps" on corporate bonds to deepen the market.

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