With reference to 'IFC Masala Bonds' sometimes seen in the news, which of the statements given below is/are correct?1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.Select the correct answer using the code given below.

With reference to 'IFC Masala Bonds' sometimes seen in the news, which

1.	With reference to 'IFC Masala Bonds' sometimes seen in the news, which of the statements given below is/are correct?1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.Select the correct answer using the code given below.
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» D. Neither 1 nor 2