Post 60

Question 1
The term ______ bonds is used to refer to rupee-denominated borrowings by Indian entities in overseas markets. The International Finance Corporation (IFC), the investment arm of the World Bank, issued a Rs. 1,000 crore bond in November 2015 to fund infrastructure projects in India. These bonds were listed on the London Stock Exchange (LSE). IFC then named them ______ bonds to give a local flavour by calling to mind Indian culture and cuisine. However,  it may seem odd to name a debt instrument after food stuffs. FITB. (The name of the bond is also a very important ingredient in Indian food).

Question 2
Flag of which South American nation?





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