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NRI bonds: The 1998 Resurgent India Bonds (RIBs) were issued in which three currencies? Two are US dollar and Pound Sterling; identify the third currency used in 1998 (pre-euro). Choose the correct option.

Q: NRI bonds: The 1998 Resurgent India Bonds (RIBs) were issued in which three currencies? Two are US dollar and Pound Sterling; identify the third currency used in 1998 (pre-euro). Choose the correct option.

Fact RIBs (1998) targeted the NRI diaspora and were issued in USD, Pound Sterling, and Deutsche Mark (pre-euro era). Final Answer Deutsche Mark

Difficulty: Medium

Deutsche Mark
Euro
Japanese Yen
Swiss Franc

Correct Answer: Deutsche Mark

Explanation:

Fact

RIBs (1998) targeted the NRI diaspora and were issued in USD, Pound Sterling, and Deutsche Mark (pre-euro era).

Final Answer
Deutsche Mark

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