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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