Question
Banks are permitted to allow Startups to raise ECB under
the automatic route, The borrowing per Startup will be limited to USD………… per FY 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. “ECB 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
AD Category-I banks are permitted to allow Startups to raise ECB under the automatic route. The borrowing per Startup will be limited to USD 3 million or equivalent per financial year either in INR or any convertible foreign currency or a combination of both.
Marked price of an article is Rs.260 more than its cost price. If profit earned is equal to the discount given then find the profit earned?
- A shopkeeper offered two back-to-back discounts of x% and sold an article for Rs. 1800. The marked price was Rs. 3200. What was the percentage of each disc...
A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 18 per kg and Rs. 45 per kg respectively. He mixes 1 kg of variety ‘A’ rice ...
The selling price of an article is 30% more than its cost price. Given that the ratio of the marked price to the cost price is 26:15, determine the appr...
A shopkeeper sold two articles for Rs. 3588 each. One article is sold at a profit of 15% while another one is sold at a loss of 20%. What will be the su...
A chair is purchased for Rs. 240 and sold for Rs. 300. Find the profit percentage.
- Ankit bought a sofa for Rs. (7000 + x). He sold it to Zoya at a profit of 20%. Zoya sold it to Kunal at a profit of 10%, and Kunal sold it to Tanya at a pr...
'A' purchased an article and sold it to 'B' at 10% profit. 'B' marked it up by 26% above the price at which 'A' has purchased it and then sold it after ...
The marked price of an article is Rs. 'x' more than its selling price. If the selling price of the article had been Rs. (x - 30) ...
A vendor has 2700 kg of tea. He sells a portion at 30% profit and the remaining at 20% profit. The overall profit made is 25%. Find the amount (in kg) o...
