Current Affairs · Indian Economy
Consider the following statements regarding Fully Accessible Route (FAR) bonds and Foreign Portfolio Investment (FPI) in India: 1. FAR bonds are a specific category of Central Government securities that have no quantitative restrictions or caps on FPI investment. 2. Indian government securities under this route were added to major global benchmarks like the JPMorgan and Bloomberg emerging market bond indices. 3. The massive surge in FPI investment in FAR bonds during FY 2024-25 was primarily driven by falling US bond yields rather than index inclusion. 4. Only public sector enterprises (PSUs) are permitted to issue FAR bonds in India. Which of the statements given above are correct?
- 11, 2, and 4 only
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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