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 an

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Q: 83 (IAS/2016)
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.
AnyChart Trial Version

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,156,117,23,89,156,5

keywords: 

{'ifc masala bonds': [0, 0, 0, 1], 'bonds': [0, 0, 1, 1], 'international finance corporation': [0, 1, 2, 2], 'debt financing': [0, 0, 0, 2], 'world bank': [0, 1, 0, 3], 'arm': [2, 0, 1, 5]}