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BOND-I (the world's first blockchain-based bond) was issued by which institution?

1. IMF
2. ADB
3. World Bank
4. RBI

Correct answer: World Bank

Solution

BOND-I (Blockchain Offered New Debt Instrument) was issued by the World Bank in August 2018. It was the world's first bond to be entirely created, allocated, transferred, and managed using distributed ledger (blockchain) technology, using the Commonwealth Bank of Australia as the sole arranger.

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