Euro-convertible bonds (ECBs) issued by Indian Companies refer to bonds issue in foreign currency in __________________.

India or any country outside India

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European countries only

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Any country other than India

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India and any country in Europe

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Europe and North America

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Solution

The correct option is C Any country other than India
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 __________________.

The correct option is C Any country other than IndiaEuro-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.

The correct option is C Any country other than India
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.