1.

Which of the following statements are true about Masala Bonds?nI. Masala Bonds are dollar-denominated bondsnII. It is used for raising funds from overseas marketnIII. Funds raised through Masala Bonds can’t be used for investing in capital markets

A. Only I and II
B. Only II and III
C. Only I and III
D. I, II and III
Answer» C. Only I and III


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