Question
In order to automate the complete lifecycle of external
commercial borrowings (ECBs) and trade credits, RBI is in the process of implementing which project. Read the following passage and answer the next 5 question (Q11-Q15) After a sharp decline in pandemic-hit FY21, overseas fundraising of Indian corporates have regained momentum. As per the latest RBI data, external commercial borrowings (ECBs) of India Inc in FY22 stood at $38.5 billion, witnessing a 10 per cent growth over FY21. External borrowings of India Inc touched a historic high of $52 billion in FY20 amid surplus liquidity and low interest rates in the global markets. However, the quantum of overseas borrowing declined by 32 per cent to $35 billion in FY21 as the pandemic-led uncertainties forced corporates to postpone their fundraising and expansion plans, besides deleveraging their balance sheets. However, pick-up in economic activity post unlocking and the continued availability of cheaper funds abroad induced corporates to tap overseas funding in the previous fiscal. тАЬECB issuances by Indian companies grew by 10 per cent y-o-y in FY22 to $38.5 billion. While in absolute terms, it is still lower than the peak observed in FY20 at $53 billion, sequential increase clearly shows improvement in corporate performance and credit growth. Source: BusinessLineSolution
In its endeavour to automate the complete lifecycle of external commercial borrowings (ECBs) and trade credits, the Department OF Financial Markets and Foreign Exchange is in the process of implementing the SPECTRA project. SPECTRA would encompass the lifecycle of ECB/trade credits, from receipt of application to approval stage either at the level of Authorised Dealer (AD) Bank or the Reserve Bank, as well as reporting of transactions. It will incorporate all policy provisions related to ECBs and trade credits. The development of the software has since been completed and the user acceptance testing (UAT) is near completion. SPECTRA -Software Platform for External Commercial Borrowings and Trade Credits Reporting and Approval.
рдЬреЛ рд╢рдмреНрдж рдкреНрд░рддреНрдпрдпрд░рд╣рд┐рдд рд╣реИ, рд╡рд╣ рд╣реИ┬а
рдЙрддреНрддрдордкреБрд░реБрд╖ рдХрд╛ рдмреЛрдз рдХрд░рд╛рдиреЗ рд╡рд╛рд▓рд╛ рд╢рдмреНрдж рдирд╣реАрдВ рд╣реИ-
рдЕрднрд┐рдпрд╛рди рез / рд╕реНрддрд░реАрдп рдЕрднрд┐рдпрд╛рди реи/ рднрд╛рд░рдд рей/ рд░рд╛рд╖реНрдЯреНрд░ рек/ рд╕реНрд╡рдЪреНрдЫ рел/ рдПрдХ рем/ рд╣...
' рдЛрд╖рд┐ ' рд╕рдВрдЬреНрдЮрд╛ рд╢рдмреНрдж рд╕реЗ рд╡рд┐рд╢реЗрд╖рдг рд╢рдмреНрдж рдХреНрдпрд╛ рдмрдиреЗрдЧрд╛ ?
рд╕рдЪреНрдЪреЗ рд╢рд░реВрд╡реАрд░ рджреЗрд╢ рдХреА рд░рдХреНрд╖рд╛ рдореЗрдВ рдкреНрд░рд╛рдгреЛрдВ рдХреА тАжтАжтАжтАжтАжтАж.. рд╣реИрдВред рд░рд┐рдХя┐╜...
рдПрдХ рдЖрдБрдЦ рди рднрд╛рдирд╛ , рдореБрд╣рд╛рд╡рд░реЗ рдХрд╛ рд╕рд╣реА рдЕрд░реНрде рдХреНрдпрд╛ рд╣реИ ?
рдЕрдиреБрдЪреНрдЫреЗрдж 120 рдХреЗ рдЕрдиреБрд╕рд╛рд░ рд╕рдВрд╕рдж рдореЗрдВ рдХрд┐рд╕ рднрд╛рд╖рд╛ рдореЗрдВ рд╕рд░рдХрд╛рд░реА рдХрд╛рдордХ...
рднреВрдорд┐рдЬрд╛ , рд╡реИрджреЗрд╣реА, рд░рд╛рдордкреНрд░рд┐рдпрд╛ рдХрд┐рд╕рдХреЗ рдкрд░реНрдпрд╛рдп рд╣реИрдВ?
рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рд╡рд╛рдХреНрдпреЛрдВ рдореЗрдВ рд╢реБрджреНрдз рд╡рд╛рдХреНрдп рд╣реИ
рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рд╡рд╛рдХреНрдпреЛрдВ рдХреЗ рдкреНрд░рдпреЛрдЧ рдкрд░ рд╡рд┐рдЪрд╛рд░ рдХреАрдЬрд┐рдпреЗ -
1.рдореЗрд░реЗ рдХреЛ ...