Consider the following statements regarding Municipal Bonds 1 These bonds will not be listed under S...........

Economic Affairs Financial Markets

Consider the following statements regarding Municipal Bonds

1.These bonds will not be listed under Securities & Exchange Board of India.

2.They are issued to finance capital expenditure in social sector.

Select the correct statement/s using the codes given below

1 only

2 only

Both 1 and 2

Neither 1 nor 2

2 only

Municipal bonds can be listed under the Securities & Exchange Board of India (SEBI) if they meet the listing requirements.

Municipal bonds are indeed issued to finance capital expenditure in various sectors, including the social sector.

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