Questions

Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency. Kerala Infrastructure Investment Fund Board have listed 21.5 billion rupees ($305 million) of Masala bonds on the London Stock Exchange.

India’s biggest water carnival through ‘Jal Mahotsav’ is organized every year in Hanuwantiya Island in Madhya Pradesh. The festival is a celebration of the natural beauty and the culture od Madhya Pradesh.

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

Stimulus diffusion is a type of expansion diffusion in which the idea is acceptable or adopted but not in its original form and expanded to culturally acceptable.

For example :

1. Mc. Donalds is also in India but not in beef. Indians culture will not accept beef and so it is with different forms like veg, non veg but the idea is same.

2. Yoga is an idea where in different regions use yoga for different reasons but the idea is same.