Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 5713)

2020-02-12 National

5713.

According to RBI, in December 2019 foreign borrowings of Indian companies decline by how much?

19%

30%

45%

56%

Answer: Option

Explanation:

Foreign borrowings of Indian companies fell over 45 per cent to $2.09 billion in December 2019 as compared to the year-ago period, according to the Reserve Bank data. Indian firms had raised $3.81 billion in December 2018, which included $37 million through issuance of masala bonds.