1. Which of the below statement/s is/are correct regarding Masala Bond: 1. RBI has reduced the minimum tenure of Masala bonds to 3 years. 2. The maximum amount a single issuer can raise through masala bonds is Rs.5,000 crore. The investor has to pay 4% withholding tax. 4. Masala bonds are issued in rupees but can be settled in US dollars.
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