Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 628)
628.
As per the RBI's liberalised norms, what is the new limit of External Commercial Borrowing (ECB) under the automatic route?
USD 1.5 billion
USD 500 million
USD 1 billion
USD 2 billion
Answer: Option
Explanation:
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
Discussion:
Be the first person to comment on this question !

Post your comments here:

Your comments will be displayed after verification.