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Euro-convertible bonds (ECBs) issued by Indian Companies refer to bonds issue in foreign currency in __________.
  • a)
    India or any country outside India
  • b)
    European countries only
  • c)
    Any country other than India
  • d)
    India and any country in Europe
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Euro-convertible bonds (ECBs) issued by Indian Companies refer to bond...
Euro-convertible Bonds (ECBs) are bonds that are issued and sold outside the home country of the currency. Hence, an ECB issued by an Indian company refers to bonds issued in any country other than India.
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Euro-convertible bonds (ECBs) issued by Indian Companies refer to bonds issue in foreign currency in __________.a)India or any country outside Indiab)European countries onlyc)Any country other than Indiad)India and any country in EuropeCorrect answer is option 'C'. Can you explain this answer?
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