American president Joe Biden sanctioned Russian sovereign debt on 22 February 2022 this sanction is named as:
Correct answer: D. First Tranche
- A. None of these
- B. first Avelanche
- C. First lanches
- D. First Tranche
Explanation
The initial US restrictions on Russia’s ability to raise sovereign debt were described as the first tranche of sanctions. A tranche is a portion or stage of a larger financial or sanctions package, not a separate institution.
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