General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.58)


Resurgent India Bonds were issued in US dollar, Pound Sterling and

[A]. Japanese Yen
[B]. Deutsche Mark
[C]. Euro
[D]. French Franc

Answer: Option B


No answer description available for this question.

Rajni said: (Sep 14, 2011)  
Can anyone throw some light on it please ?

Guru said: (Dec 9, 2011)  
Please explain this.

Tazmeen Khan said: (Jun 4, 2012)  
RIBs were floated by SBI on behalf of the Government of India in August 1998 to attract investments by non-resident Indians and overseas corporate bodies. RIBs were issued in US dollars, Pound sterling and euros (then Deutsche Mark) for a tenor of five years.

Susenjit said: (May 24, 2013)  
The Deutsche Mark changed to Euros after 2002.

Deepak said: (Mar 10, 2014)  
What is RIB?

Pinky said: (May 23, 2016)  

RIB ---> Resurgent India Bonds.

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