Question
Which of the following activities, External Commercial
Borrowings can not be used? 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
The negative list, for which the ECB proceeds cannot be utilised, would include the following: a) Real estate activities. b) Investment in capital market. c) Equity investment.
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A protection against financial losses in the future is called:
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PO Ltd made total sales of ₹1,00,00,000  for which the Cost of Goods Sold was ₹ 70,00,000 . If the Inventory at end of previous year ...
Contingent liabilities are recorded in:
Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
Which of the following is an intangible asset?
What is the provisioning requirement for a standard asset for fund based facilities of Farm Credit to agricultural activities, individual housing loans ...
What does a zero-tolerance policy for discrimination and harassment emphasize?
Which of the following statement is incorrect?
