General Knowledge - Indian Economy - Discussion

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

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

Japanese Yen
Deutsche Mark
Euro
French Franc
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
6 comments Page 1 of 1.

Pinky said:   9 years ago
@Deepak.

RIB ---> Resurgent India Bonds.

Deepak said:   1 decade ago
What is RIB?

SUSENJIT said:   1 decade ago
The Deutsche Mark changed to Euros after 2002.

Tazmeen khan said:   1 decade ago
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.

Guru said:   1 decade ago
Please explain this.

Rajni said:   1 decade ago
Can anyone throw some light on it please ?

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