Which of the following statements about Masala Bonds is correct?nI. Ma – McqOptions

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1.	Which of the following statements about Masala Bonds is correct?nI. Masala Bonds are dollar-denominated bondsnII. It is used to raise funds from the foreign marketnIII. Funds raised through Masala Bonds cannot be used for investment in capital markets
A.	I and II only
B.	II and III only
C.	I and III only
D.	I, II and III
Answer» C. I and III only

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