INTERNATIONAL FINANCE CORPORATION (IFC. LAUNCHED WHICH OF THE FOLLO...

3. - CURRENT AFFAIRS MARCH QUESTION ANSWER 2016 PDF BY AFFAIRSCLOUD
CURRENT AFFAIRS MARCH QUESTION ANSWER 2016 PDF BY AFFAIRSCLOUD

3. International Finance Corporation (IFC. launched which of the following Masala Bonds

to mobilise Rs 30 crore from Japanese retail investors ?

A.Urisashi Masala Bonds

B.Urihashi Masala Bonds

C.Urivashi Masala Bonds

D.Uridashi Masala Bonds

Answer – D.Uridashi Masala Bonds

Explanation – International Finance Corporation (IFC. a member of the World Bank Group,

launched its first Uridashi Masala Bond, mobilizing 300 million rupees directly from Japanese

household investors to promote private sector development in IndiA.