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.

  • 1 only
  • 2 only
  • Both 1 and 2
  • Neither 1 nor 2
With reference to `IFC Masala Bonds', sometimes seen in the news, which of the statements given belo
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