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Masala bonds are bonds issued outside India and are denominated in Indian rupee rather than any foreign currency. It has two advantages: Allows to raise capital in foreign market Shields from the fluctuation of exchange rate Both interest and principal payment is done in Indian rupee. The first Masala bond was issued by the World Bank backed International Finance Corporation (IFC) in November 2014. It raised 1,000 crore bond to fund infrastructure projects in India. HDFC was the first Indian company to issue Masala Bond in 2016. It raised 3,000 crore through this. In August, 2016 NTPC issued first corporate masala bond worth Rs 2,000 crore.
A fish inside water (μ = 4/3) sees the world above through a circular “window” due to total internal reflection. The angular diameter of this windo...
Which of the following is not a characteristic of simple harmonic motion (SHM)?
What type of lens is used to correct myopia (shortsightedness)?
When is the magnetic field strength considered strongest?
Which of the following is the ultimate source of energy?
A projectile is launched at an angle of 30° with the horizontal and remains in the air for 5 seconds. What is the range of the projectile? (Take g = 10...
The group velocity of matter waves associated with a moving particle is:
Which of the following optical phenomena CANNOT convert unpolarised light to plane polarised light?
Which of the following principle is used to produce low-temperatures'?
The unit of electric power is —