MCQOPTIONS
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| 1. |
In the recent times the RBI and the Securities & Exchange Board of India (SEBI) have taken various steps to control the flow of capital in India economy. Which of the following is/are NOT included in this/ these step(s)? [BOM 2008] [a] Guidelines have been issued to restrict unregulated overseas investors through "P-notes". [b] Rs. 60,000 crore out of this fund is being provided to waive the loans on farmers. [c] Borrowers raising external commercial borrowings of over $20 million would have to park the proceeds overseas for use as foreign currency expenditure. |
| A. | Only [a] |
| B. | Only [b] |
| C. | Only [c] |
| D. | Both [a] & [c] |
| E. | All [a], [b] & [c] |
| Answer» C. Only [c] | |