MCQOPTIONS
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| 1. |
Consider the following statements regarding Masala Bond:n1. RBI has reduced the minimum tenure of Masala bonds to 3 years.n2. The maximum amount a single issuer can raise through masala bonds is Rs.5,000 crore.n3. The investor has to pay 4% withholding tax.n4. Masala bonds are issued in rupees but can be settled in US dollars.nWhich of the above statements are correct? |
| A. | Only 1, 2 u0026 3 |
| B. | Only 2, 3 u0026 4 |
| C. | Only 1, 2 u0026 4 |
| D. | Only 1, 3 u0026 4 |
| Answer» D. Only 1, 3 u0026 4 | |