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    Question

    Which of the following is NOT a recognised lender under

    External Commercial Borrowings (ECB) guidelines?
    A Erstwhile Overseas Corporate Bodies (OCBs) Correct Answer Incorrect Answer
    B Foreign equity holders Correct Answer Incorrect Answer
    C International banks Correct Answer Incorrect Answer
    D Multilateral financial institutions Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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