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    Question

    FCCB is a type of Bond. What does second ‘C’ in FCCB

    denote?
    A Convertible Correct Answer Incorrect Answer
    B Commercial Correct Answer Incorrect Answer
    C Collateral Correct Answer Incorrect Answer
    D Cumulative Correct Answer Incorrect Answer
    E Capital Correct Answer Incorrect Answer

    Solution

    FCCB stands for Foreign currency convertible bonds. These are a part of External Commercial Borrowings.

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