Which of the following organisation issued Maharaja Bonds worth 100 million US dollars recently to help develop infrastructure for the domestic capital markets in India?a) Organisation of Economic Cooperation and Developmentb) International Bank for Reconstruction and Developmentc) World Trade Organisationd) International Finance Corporation

Which of the following organisation issued Maharaja Bonds worth 100 mi

1.	Which of the following organisation issued Maharaja Bonds worth 100 million US dollars recently to help develop infrastructure for the domestic capital markets in India?a) Organisation of Economic Cooperation and Developmentb) International Bank for Reconstruction and Developmentc) World Trade Organisationd) International Finance Corporation
Answer» D) IFC. International Finance Corporation IFC issued Maharaja Bonds WORTH 100 million US Dollars recently to HELP develop infrastructure for the domestic capital markets in INDIA. It was in September 2014. IFC is an organization of the World Bank GROUP. In 2016 again another $26 million worth bonds were issued. These are all listed on the NSE National Stock EXCHANGE.