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      Question

      As per the RBI’s updated directions, what is the

      maximum permissible tenor for Non-Convertible Debentures (NCDs) issued by eligible participants?
      A 180 days Correct Answer Incorrect Answer
      B 360 days Correct Answer Incorrect Answer
      C 1 year Correct Answer Incorrect Answer
      D 2 years Correct Answer Incorrect Answer
      E 3 years Correct Answer Incorrect Answer

      Solution

      The "Master Direction on NCDs" specifies that the maximum tenor for NCDs should not exceed one year.

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